Press Release

Page 1 of 10 KANSAI NEROLAC PAINT 3rd August, 2026 1. Corporate Relationship Department 2. Manager – Listing BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai - 400 051. Sub.: Outcome of the Board Meeting of Kansai Nerolac Paints Limited held on 3rd August, 2026 Ref.: 1. Regulation 30 (read with Schedule III - Part A), Regulation 33 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 2. BSE Scrip Code- 500165, NSE Symbol- KANSAINER Dear Sirs, This is to inform you that the Board of Directors of Kansai Nerolac Paints Limited has, in its meeting held today i.e. on Monday, 3rd August, 2026, inter alia considered and approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2026 (“Unaudited Financial Results”). The Board Meeting commenced at 12.20 p.m. and concluded at 3.45 p.m. Further, pursuant to the applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Regulations”), please find enclosed herewith: (i) the Unaudited Financial Results for the quarter ended 30th June, 2026; and (ii) Limited Review Report dated 3rd August, 2026, issued by the Statutory Auditors of the Company with respect to the Unaudited Financial Results and taken on record by the Board of Directors of the Company. A press release on the Unaudited Financial Results is also enclosed herewith. Necessary arrangements have been made for publishing the Unaudited Financial Results in the newspapers, in the prescribed formats, in terms of Regulation 47 of SEBI Listing Regulations. For KANSAI NEROLAC PAINTS LIMITED G. T. GOVINDARAJAN COMPANY SECRETARY Encl.: As above. KANSAI NEROLAC PAINTS LIMITED Registered Office : 28th Floor. A-wing. Marathon Futurex. N. M. Joshi Marg. Lower Parel. Mumbai -400 013. India T: •91 22 4060 2500/2501 I www.nerolac.com CIN: L24202MH1920PLC000825 Page 2 of 10 SR BC & COLLP 1st Floor, Block B-7, North Side Nirlon Knowledge Park, Near Hub Mall Chartered Accountants Off Western Express Highway Goregaon (E), Mumbai -400 063, India Tel: +91 22 6819 8000 Independent Auditor's Review Report on the Quarterly Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors Kansai Nerolac Paints Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of Kansai Nerolac Paints Limited (the "Company") for the quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S R 8 C & co LLP Chartered Accountants ICAI Firm registration number: 324982E/E300003 per Shyamsundar Pachisia Partner Membership No.: 049237 UDIN: 26049237EXTJOS4010 Place: Mumbai Date: August 03, 2026 SR BC & CO LLP. a Limited Liability Partnership with LLP Identity No. AAB-4318 ReQd. Office: 22. Camac Street, Block 'B', 3rd Floor, Kolkata-700 016 Page 3 of 10 KANSAI NEROLAC PAINTS LIMITED Registered Office: 28th Floor, A -Wing, Marathon Futurex, N. M. Joshi Marg, Lower Parel, Mumbai -400 013 Tel: +91-22-40602500; e-mail: investor@nerolac.com Website: www.nerolac.com GIN: L24202MH1920PLC000825 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30 JUNE 2026 ~ in Crores For the year For the quarter ended ended Sr. No. Particulars 30.06.2026 31 03.2026 30.06.2025 31.03.2026 (Audited) (Unaudited) (Unaudited) (Audited) Refer Note 2 1 Income Revenue from Operations 2299.52 1873.44 2087.42 7739.23 Other Income 56.13 33.97 52.92 152.46 Total Income 2355.65 1907.41 2140.34 7891.69 2 Expenses a. Cost of Materials Consumed 1453.46 1144.88 1126.26 4382.20 b. Purchase of Stock-in-Trade 152.80 132.79 137.90 522.49 C. Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade (112.20) (52.28) 69.46 99.60 d. Employee Benefits Expense 126.03 123.26 120.03 490.28 e. Finance Costs 4.96 5.29 3.59 18.41 f. Depreciation and Amortisation Expense 61.31 59.07 51.22 221.36 g. Other Expenses 343.54 309.67 321.80 1258.44 Total Expenses 2029.90 1722.68 1830.26 6992.78 3 Profit before exceptional items and tax 325.75 184.73 310.08 898.91 4 Exceptional items - (15.98) - (60.70) 5 Profit before tax 325.75 168.75 310.08 838.21 6 Tax Expense a. Current Tax 82.87 46.00 78.36 214.73 b. Adjustment of tax relating to earlier periods - 4.02 - 4.02 C. Deferred Tax 0.54 (2.13) 0.87 (0.39) Total Tax Expense 83.41 47.89 79.23 218.36 7 Profit for the Period 242.34 120.86 230.85 619.85 8 Other Comprehensive Income (i) Items that will not be reclassified to Statement of Profit and Loss 0.06 2.96 (0.88) 9.01 (ii) Income tax on item that will not be reclassified to Statement of Profit and Loss (0.01) (0.75) 0.22 (2.27) 9 Other Comprehensive Income (net of tax) 0.05 2.21 (0.66) 6.74 10 Total Comprehensive Income 242.39 123.07 230.19 626.59 11 Paid up Equity Share Capital (Face value of~ 1 each) 80.87 80.87 80.85 80.87 12 Other Equity 6614.90 13 Earnings Per Equity Share [before exceptional items (net of tax)) (of ~1 each) (not annualised) a. Basic 3.00 1.62 2.86 8.25 b. Diluted 2.99 1.62 2.85 8.24 14 Earnings Per Equity Share (after exceptional items (net of tax)) (of ~1 each) (not annualised) a. Basic 3.00 1.49 2.86 7.67 b. Diluted 2.99 1.49 2.85 7.66 SIGNED FOR IDENTIFICATION SR BC & CO LLP MUMBAI Page 4 of 10 Notes: 1 The above unaudi [Showing first 8,000 characters — download PDF for full document]