Paint Sector: Q3 ( Oct – Dec ’16 ) Numbers and Analysis
Q3 was a mixed bag for the Paint sector.
As far as numbers are concern, the profits of only two companies were down in the range of 3% to 6%, while revenues were up for almost all the companies.
Market leader Asian Paint has posted a marginal increase in the profit as well as income for the quarter.
“Kansai Nerolac” was the star performer in the sector for the quarter ended 31 December 2016, where the company showed 44% growth in profit and 9% growth in Revenue as compared to same period last year.
Here is the data:
Up next is the numbers and analysis from “Housing Finance” sector.
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