Companies

Berger Paints Q2 net up 5.35% to ₹117.30 cr

PTI New Delhi | Updated on November 01, 2018 Published on November 01, 2018

Berger Paints on Thursday reported 5.35 per cent rise in consolidated net profit to ₹117.29 crore for the quarter ended September 30, 2018 against a net profit of ₹111.34 crore in the same quarter a year ago.

Total income during the quarter stood at ₹1,502.07 crore. It was ₹1,291.83 crore in the corresponding period of the last fiscal, Berger Paints said in a BSE filing.

Meanwhile, the company said its revenue was not comparable as sales were recorded net of GST, whereas earlier sales were recorded gross of excise duty.

Shares of Berger Paints settled at ₹293, up 4.62 per cent, from previous close on BSE.

Published on November 01, 2018
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