Bengaluru, 5th Aug 2025 : Kansai Nerolac Paints Limited (KNPL), one of the leading Paint companies in India at the Board meeting announced its unaudited results for the first quarter of financial year 2025-26. For the quarter, the company declared Net revenue of Rs. 2087.42 Crores, a growth of 1.8% over the corresponding quarter of the previous year.
EBIDTA was at Rs. 311.97 Crores, a de-growth of 6.7% over the same quarter of the previous year. PBT was at Rs 310.08 Crores, a de-growth of 4.1% over the same quarter of the previous year.
Commenting on the results, Mr. Pravin Chaudhari, Managing Director, Kansai Nerolac Paints Ltd said, “During the quarter demand for Decorative showed signs of revival though an early monsoon impacted during the later part of the quarter. KNP decorative performance was affected due to the disturbance in April which impacted key markets in the North.
In Automotive, demand for KNP continued to be better than the market, on the back of various initiatives. Performance coatings registered strong growth.
Raw material prices were benign. Forex remained volatile. The uncertainty in the environment due to geo-political factors continued and we remain watchful.
Looking ahead, we anticipate an improvement in decorative demand driven by a favorable monsoon and the early onset of Diwali. In the industrial segment, we expect our market-leading growth trajectory to continue”.
Outlook of Indian Paint Industry:
The size of domestic paint industry is estimated at around Rs. 77500 crores as of March 2025. 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.
ADVERTISEMENT