Berger Paints reports 2% fall in Q3 consolidated net profit

11 Feb 2017

Berger Paints India has reported results for third quarter ended December 31, 2016. 

The company has reported 5.71% fall in its net profit at Rs 95.93 crore for the quarter under review as compared to Rs 101.75 crore for the same quarter in the previous year. However, total income of the company increased by 4.37% at Rs 1176.76 crore for the quarter under review as compared Rs 1127.49 crore for the corresponding quarter previous year.  

On the consolidated basis, the company has reported 2.20% fall in its net profit after tax, minority interest and share of profit / (Loss) of associates and Joint Ventures at Rs 109.12 crore for the quarter ended December 31, 2016, as compared to Rs 111.37 crore for the same quarter in the previous year. However, total income of the company increased by 5.04% at Rs 1304.70 crore for the quarter under review as compared Rs 1242.05 crore for the corresponding quarter previous year.

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