A press release on the Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended 31st March, 2025 is enclosed herewith.
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Kansai Nerolac Paints reported its audited results for FY25 with standalone revenue from operations of Rs. 7,496.71 crore, up marginally from Rs. 7,393.30 crore in FY24. Standalone profit after tax stood at Rs. 1,021.24 crore (FY24: Rs. 1,182.87 crore), aided by a one-time exceptional gain of Rs. 479.19 crore mainly from the sale of an investment property in Lower Parel, Mumbai (Rs. 665.44 crore), partly offset by impairment provisions for subsidiaries in Sri Lanka (Rs. 34.61 crore) and Bangladesh (Rs. 151.64 crore). Consolidated revenue was Rs. 7,822.97 crore and consolidated PAT was Rs. 848.52 crore. The Board recommended a total dividend of Rs. 3.75 per share (375%), including a special dividend of Rs. 1.25 per share, unchanged from last year. Statutory auditors S R B C & CO LLP issued an unmodified (unqualified) opinion on the results.
Core operating performance (profit before exceptional items) slipped to Rs. 907.42 crore from Rs. 923.57 crore, signalling mild margin pressure. Headline earnings are propped up by the property sale gain, and significant impairment in the Bangladesh subsidiary points to ongoing overseas stress. Stable dividend and clean auditor opinion are positives, but underlying growth remains muted.