NEW DELHI: Kansai Nerolac Paints has reported a decline of 82.33 per cent in its net consolidated profit during the quarter ended December 31, 2025. Its profit after tax (PAT) stood at ₹117.05 crore as against ₹662.27 crore it registered in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at ₹2,017.20 crore in Q3 FY26, a rise of 2.74 per cent from ₹1,963.42 crore it recorded in the similar quarter last year.
Pravin Chaudhari, managing director of the company said, “In Decorative, while overall demand conditions remained subdued in addition to a shorter festival season, the internal initiatives of the company have helped register good growth in Projects, Distribution, water proofing and Construction Chemicals. Raw Material prices have been stable though the quarter saw a lot of volatility in forex and geopolitical uncertainty.”
For the nine months, net revenue was ₹5,865.79 crore, a growth of 1.9% over the same period of the previous year. EBITDA was at ₹771.10 crore, a de-growth of 3.2% over the same period of the previous year. PAT (After Exceptional Items) was at ₹498.99 crore.
Hirokazu Kotera has resigned as executive director of the company with effect from March 31, 2026.
