Paints company Kansai Nerolac Paints announced Q3FY25 results For the quarter, the company declared Net revenue of Rs 1,842.2 crore, a growth of 1.5 % over the corresponding quarter of the previous year. EBITDA was at Rs 246.9 crore, a growth of 2.9% over the same quarter of the previous year. PBT before exceptional items was at Rs 228.1 crore, a growth of 7.2 % over the same period of the previous year. PAT after exceptional item was at Rs 526.5 crore, a growth of 234 % over the same quarter of the previous year. Anuj Jain, Managing Director, Kansai Nerolac Paints said, “The company continued to see good growth in Paint+ products, projects, wood coatings and construction chemicals. Demand in Decorative was impacted due to higher inflation leading to lower spend on discretionary products and tight liquidity. We are seeing a gradual recovery in demand. In Automotive growth was better than market, based on several internal initiatives. Performance coatings registered strong growth due to a good order pipeline. The various strategic initiatives undertaken have led to a better than market performance across all businesses. EBITDA improved during the quarter over the corresponding quarter of the previous year. The improvement was driven by improvement in mix, cost optimization and control on overheads. Going forward It is expected that the recent budget announcements will help improve the consumption cycle which would positively impact demand.” Result PDF