{"id":95743,"date":"2018-10-22T13:01:34","date_gmt":"2018-10-22T13:01:34","guid":{"rendered":"http:\/\/www.bnreport.com\/kansai-nerolac-asian-paints-berger-paints-slip-up-to-6\/"},"modified":"2018-10-22T13:01:34","modified_gmt":"2018-10-22T13:01:34","slug":"kansai-nerolac-asian-paints-berger-paints-slip-up-to-6","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/kansai-nerolac-asian-paints-berger-paints-slip-up-to-6\/","title":{"rendered":"Kansai Nerolac, Asian Paints, Berger Paints slip up to 6%"},"content":{"rendered":"

NEW DELHI: Shares of paint companies ended in the red on Monday after Kansai Nerolac Paints<\/a> reported drop in profit for September quarter. <\/p>\n

Share of the company plunged 6.31 per cent after it reported a fall of 15.65 per cent in profit at Rs 121.99 crore for quarter ended September 30. It had posted a net profit of Rs 144.63 crore in the corresponding quarter last year. <\/p>\n

However, total income from operations increased by 10.97 per cent to Rs 1,307.87 crore for Q2FY19 compared with Rs 1,178.54 crore for the corresponding quarter previous year. <\/p>\n

Also, Asian Paints<\/a> slipped 3 per cent ahead of its financial results for September quarter. The scrip shed Rs 36.50 to close at Rs 1.201.45 on the BSE<\/a>. Shalimar Paints<\/a> and Berger Paints<\/a> fell 2.65 per cent and 1.25 per cent, respectively. <\/p>\n

The benchmark BSE Sensex<\/a> closed 181.25 points down at 34,134.38. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

[contf]
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ET Markets<\/a><\/h5>\n

[contfnewc]
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