May 2, 2017 / 7:37 AM / 4 months ago

BRIEF-Kansai Nerolac Paints March qtr profit down about 81 pct

May 2 (Reuters) - Kansai Nerolac Paints Ltd

* March quarter net profit 1.16 billion rupees

* March quarter net sales 10.60 billion rupees

* Consensus forecast for march-quarter profit was 1.08 billion rupees

* Net profit in march quarter last year was 6.19 billion rupees as per Ind-AS; net sales was 9.91 billion rupees

* Recommended special dividend of 0.50 rupees per share

* Recommended normal dividend of 2.50 rupees per share Source text for Eikon: Further company coverage:

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