Profit

Kansai Nerolac Q4: Sales surprise, gross margins disappoint

PUBLISHED ON: May 3, 2012 | Duration: 4 min, 52 sec

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Harish M Bharuka, MD of Kansai Nerolac Paints spoke about the company’s Q4 results which saw a 28 per cent rise in sales at Rs 662.5 cr and 21.7 per cent growth in profit after tax on yearly basis. While sales surprised, gross margins fell below expectations.
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