Kansai Nerolac Q4 Profit Triples, Pidilite Meets Estimates — Earnings Wrap - Qoneqt
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    Vikshita Vitthal Gujaran in News

    09-May-2023 11:44 AM


    Kansai Nerolac Q4 Profit Triples, Pidilite Meets Estimates — Earnings Wrap

    Kansai Nerolac Paints Ltd. reported a 279% rise in net profit during the quarter ended March 31, while its revenue grew 13% during the period. Meanwhile, Pidilite Industries Ltd.'s net profit was in line with analyst estimates at Rs 283.03 crore. Here are the major earnings announced after market hours on May 8: Pidilite Industries Q4 FY23 (Consolidated, YoY) Revenue up 7.27% at Rs 2,689.25 crore (Bloomberg estimates: Rs 2,735.43 crore). Ebitda up 14.48% at Rs 459.16 crore (Bloomberg estimates: Rs 494.65 crore). Ebitda margin at 17.07% vs 16% (Bloomberg estimates: 18.1%). Net profit up 11.28% at Rs 283.03 crore (Bloomberg estimates: Rs 283.14 crore). The board recommended a dividend of Rs 11 per share for fiscal 2023.
    Kalpataru Power Transmission Q4 FY23 (Consolidated, YoY) Revenue up 18.07% at Rs 4,882 crore (Bloomberg estimates: Rs 4,479.47 crore). Ebitda up 9.93% at Rs 332 crore (Bloomberg estimates: Rs 396.66 crore). Ebitda margin at 6.8% vs 7.3% (Bloomberg estimates: 8.9%). Net profit up 45.79% at Rs 156 crore (Bloomberg estimates: Rs 152.58 crore). The company declared a final dividend of Rs 7 per share
    Mahanagar Gas Q4 FY23 (YoY) Revenue up 49.19% at Rs 1,771.81 crore (Bloomberg estimate: Rs 1634.55 crore). Ebitda up 80.86% at Rs 389.70 crore (Bloomberg estimate: Rs 308.94 crore). Ebitda margin at 21.99% vs 18.14% (Bloomberg estimate: 18.9%). Net profit up 103.95% at Rs 268.81 crore (Bloomberg estimate: Rs 206.35 crore). The company approved a final dividend of Rs 16 per share for financial yea

    Source -https://www.bqprime.com/markets/kansai-nerolac-q4-profit-triples-pidilite-meets-estimates-earnings-wrap