Mumbai : Kansai Nerolac Paints Limited (KNPL), one of the leading Paint companies in India, today at the Board meeting announced its unaudited results for the second quarter of financial year 2025-26. For the quarter, the company declared Net revenue of
Rs. 1871.02 Crores, a growth of 0.4 % over the corresponding quarter of the previous year.

EBIDTA was at Rs. 211.85 Crores, a de-growth of 1.5 % over the same quarter of the previous year. PBT was at Rs. 184.39 Crores, a de-growth of 4.0 % over the same quarter of the previous year.

For the half year net revenue was at Rs. 3958.44 Crores, a growth of 1.1% over the same period of the previous year. EBIDTA was at Rs. 523.82 Crores, a de-growth of 4.7 % over the same period of the previous year. PBT was at Rs. 494.47 Crores, a de-growth of 4.1 % over the same period as the previous year.

Commenting on the results, Mr. Pravin Chaudhari, Managing Director, Kansai Nerolac Paints Ltd said, “During the quarter, growth in the Automotive segment was sustained. This momentum is expected to sustain. Company also saw good growth in Performance Coating. Going forward this segment is also expected to do well on the back of good order flows. Both Automotive and Performance Coatings are expected to benefit from boost in demand due to the cut in GST for the Auto majors and other OEMs as well as infrastructure push. 

Overall demand in Decorative was affected due to heavy and extended monsoons. The company continues to do well in areas of Construction chemicals, waterproofing, wood finishes and projects. A shorter Diwali season and continued monsoons could impact growth in the short term. 

Raw material prices remained benign though there was considerable volatility witnessed in the forex markets along with Geopolitical uncertainty.

Looking forward we expect the momentum in both Automotive and Performance coatings to remain strong and a gradual recovery in Decorative.”