Revenue from operations was at Rs 1,863.77 crore in Q2 FY25, up 0.98% as against Rs 1,845.57 crore in Q2 FY24. Profit before tax stood at Rs 192.09 crore in Q2 FY25, down by 21.23% from Rs 243.89 crore recorded in Q2 FY24. EBIDTA for the second quarter of FY25 was at Rs 215 crore, down 20.3% over the same quarter of the previous year. Margin was affected due to change in mix and ongoing investments in capability building for the future. On half year basis, the company's net profit tumbled 59.80% to Rs 371.26 crore on 0.06% decline in revenue from operations to 3,914.12 crore in H1 FY25 over H1 FY24. The size of domestic paint industry is estimated at around Rs 75000 crore as of March 2024. The good growth in infrastructure, core sector as well as automobile and real estate is likely to have a positive effect on the overall demand of paint for the industry in the long run, stated in company's regulatory filling. Anuj Jain, managing director, Kansai Nerolac Paints, said, 'The company is seeing strong growth in the areas of Paint products, services, projects, construction chemicals and wood finishes. Overall demand in Decorative was affected due to heavy and extended monsoons. A good monsoon would augur well, and we expect demand to improve in the second half. In Automotive growth was good on the back of several initiatives and we expect this momentum to be maintained. Performance Coating has also done well and is expected to remain strong on the back of a good order pipeline. Raw material prices initially showed an inflationary trend but as the quarter progressed, raw material prices have gradually started softening.' Kansai Nerolac is one of the leading paint companies in India and is the leader in Industrial paints. The company has eight strategically located manufacturing units all over India and a strong dealer network across the country. The company manufactures a diversified range of products ranging from decorative paints coatings for homes, offices, hospitals, and hotels to sophisticated industrial coatings for most of the industries. Powered by Capital Market - Live

Net profit of Kansai Nerolac Paints declined 30.69% to Rs 122.79 crore in the quarter ended September 2024 as against Rs 177.15 crore during the previous quarter ended September 2023. Sales declined 0.26% to Rs 1951.37 crore in the quarter ended September 2024 as against Rs 1956.54 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1951.371956.54 0 OPM %10.8613.97 - PBDT231.33287.66 -20 PBT182.77240.27 -24 NP122.79177.15 -31 Powered by Capital Market - Live

Kansai Nerolac Paints has allotted 9,114 equity shares under the Kansai Nerolac Paints Limited - Restricted Stock Units Plan, 2022. With this allotment, the paid up equity share capital has increased to 80,84,05,992 equity shares of Re.1 each. Powered by Capital Market - Live

Kansai Nerolac Paints has appointed Uday Shirish Bhansali (holding Director Identification Number 00363902) with effect from 6 November 2024. Powered by Capital Market - Live

Kansai Nerolac Paints will hold a meeting of the Board of Directors of the Company on 6 November 2024.Powered by Capital Market - Live

The Board of Directors of Kansai Nerolac Paints has approved the allotment of 15,433 equity shares of face value of Re. 1 each fully paid-up, pursuant to exercise of Restricted Stock Units granted under the Kansai Nerolac Paints Limited -Restricted Stock Units Plan, 2022 (RSU Plan 2022). Powered by Capital Market - Live

Kansai Nerolac Paints has commenced commercial production at its manufacturing unit in Atchutapuram, Andhra Pradesh (Vizag plant). Powered by Capital Market - Live