Revenue from Operations Grows 9.7% to ₹2,373.59 Crore; Decorative and Industrial Segments Drive Growth
New Delhi (Economy India): Kansai Nerolac Paints Ltd. reported a 6% year-on-year increase in its consolidated net profit for the first quarter of FY2026-27, supported by robust demand across decorative and industrial paint segments and improved pricing.
The company posted a consolidated net profit of ₹228.41 crore for the quarter ended June 30, 2026, compared with ₹215.59 crore in the corresponding quarter of the previous financial year.
Revenue Rises Nearly 10%
Kansai Nerolac’s revenue from operations rose 9.7% to ₹2,373.59 crore during the April–June quarter, up from ₹2,162.03 crore a year earlier.
The growth reflects healthy demand across key business segments despite global macroeconomic uncertainties.
Total Income and Expenses Increase
The company’s total income, including other income, increased 9.65% to ₹2,428.53 crore during the quarter.
Meanwhile, total expenses rose 10.25% year-on-year to ₹2,116.07 crore, driven by higher operational and input costs.
Despite the increase in expenditure, the company maintained profitability through stronger sales and improved realizations.
Management Commentary
Commenting on the quarterly performance, Praveen Chaudhary, Managing Director of Kansai Nerolac Paints, said demand remained healthy across both decorative and industrial businesses despite ongoing geopolitical uncertainties.
“During the quarter, despite the prevailing geopolitical situation, demand remained healthy in both decorative and industrial segments. The delayed monsoon also supported market demand,” he said.
According to the company, the delayed onset of the monsoon extended painting and construction activity in several regions, contributing to stronger sales during the quarter.
Q1 FY27 Financial Highlights
| Particulars | Q1 FY27 | Q1 FY26 | Growth |
|---|---|---|---|
| Net Profit | ₹228.41 crore | ₹215.59 crore | 6% |
| Revenue from Operations | ₹2,373.59 crore | ₹2,162.03 crore | 9.7% |
| Total Income | ₹2,428.53 crore | ₹2,214.79 crore (approx.) | 9.65% |
| Total Expenses | ₹2,116.07 crore | ₹1,919.32 crore (approx.) | 10.25% |
Positive Outlook for the Paint Industry
Industry experts believe the Indian paint sector continues to benefit from sustained urbanisation, housing demand, infrastructure development, and industrial expansion.
While raw material prices and global uncertainties remain key factors to watch, demand is expected to remain resilient, supported by continued investments in real estate and manufacturing.
