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Berger Paints today reported 19.48 per cent increase in its consolidated net profit to ₹ 134.88 crore for the first quarter ended June 30, 2018. It had posted a net profit of ₹ 112.88 crore in the June quarter a year ago, Berger Paints said in a BSE filing.
Total income stood at ₹ 1,499.44 crore during the quarter under review. It was ₹ 1,377.01 crore in the corresponding period of the last fiscal.
Meanwhile, the company said its revenue was not comparable as sales are recorded net of GST, whereas earlier sales were recorded gross of excise duty.
Total expenses during the first quarter stood at ₹ 1,293.85 crore.
Shares of Berger Paints today settled at Rs 314.30 on BSE, up 0.02 per cent from previous close.
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