Kansai Nerolac Paints Sees 27.6% YoY Dip In Net Profit In Q2FY25
The company’s net revenue has increased by 1 per cent on-year to Rs 1,864 Crore in the second quarter of the financial year 2025 (Q2FY25)
The company’s net revenue has increased by 1 per cent on-year to Rs 1,864 Crore in the second quarter of the financial year 2025 (Q2FY25)
The passenger vehicle (PV) segment also recorded a strong performance, with sales increasing by 32 per cent year-on-year (YoY)
As per the survey, quality (80 per cent), price (77 per cent), discounts (66 per cent) emerged as the biggest hooks for the consumers
Categories such as footwear and fashion have seen the highest preference for credit-based prepaid payments
The consolidated net profit in the second quarter of the current financial year (Q2FY25) decreased to Rs 704 crore compared to Rs 916 crore net profit in Q2FY24
The revenue from the ‘textile’ segment was down to Rs 853.52 crore in the second quarter of the current fiscal (Q2FY25) from Rs 932.66 crore in Q2FY24
The company states that it witnessed a 100 per cent increase in offline sales as well
The report reveals the steady rise of tier 2 and 3 cities, which now account for over 60 per cent of all sales
The majority of products used during Chhath Puja are crafted by local artisans and craftspeople, generating new employment opportunities and supporting cottage industries
In his new role as Head of the Strategic Business Unit, Khanna will oversee product portfolio management, business strategy and market expansion