Kansai Nerolac Paints declared their Q3 FY24 results on 05 Feb, 2024. The topline increased by 5.03% & the profit increased by 40.34% YoY. As compared to the previous quarter the revenue declined by 1.93% and the profit decreased by 12.92%.
The Selling, general & administrative expenses rose by 7.95% q-o-q & increased by 24.84% Y-o-Y.
The operating income was down by 13.41% q-o-q & increased by 30.83% Y-o-Y.
The EPS is ₹1.91 for Q3 FY24 which increased by 40.44% Y-o-Y.
Kansai Nerolac Paints has delivered 1.44% return in the last 1 week, 4.8% return in last 6 months and 3.29% YTD return.
Currently the Kansai Nerolac Paints has a market cap of ₹27824.43 Cr and 52wk high/low of ₹357.3 & ₹249.1 respectively.
As of 07 Feb, 2024 out of 17 analysts covering the company, 6 analysts have given Sell rating, 2 analysts have given Hold rating, 5 analysts have given Buy rating & 4 analysts have given Strong Buy rating.
The consensus recommendation as on 07 Feb, 2024 was to Buy.
| Period | Q3 FY24 | Q2 FY24 | Q-o-Q Growth | Q3 FY23 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1918.71 | 1956.54 | -1.93% | 1826.81 | +5.03% |
| Selling/ General/ Admin Expenses Total | 117.14 | 108.51 | +7.95% | 93.83 | +24.84% |
| Depreciation/ Amortization | 48.43 | 47.39 | +2.19% | 46 | +5.28% |
| Total Operating Expense | 1723.14 | 1730.69 | -0.44% | 1677.33 | +2.73% |
| Operating Income | 195.57 | 225.85 | -13.41% | 149.48 | +30.83% |
| Net Income Before Taxes | 208.23 | 240.27 | -13.33% | 149.45 | +39.33% |
| Net Income | 154.26 | 177.15 | -12.92% | 109.92 | +40.34% |
| Diluted Normalized EPS | 1.91 | 2.19 | -12.79% | 1.36 | +40.44% |
FAQs
Question : What is the Q3 FY24 profit/Loss as per company?
Ans : ₹154.26Cr
Question : What is Q3 FY24 revenue?
Ans : ₹1918.71Cr
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Published: 07 Feb 2024, 02:49 AM IST