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Berger Paints reports 16.42% rise in Q1 net profit

03 Aug 2011 Evaluate

Berger Paints India has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 surged by 16.42% at Rs 37.16 crore as compared to Rs 31.92 crore for the corresponding quarter last year. Its net sales has grown by 30.29% at Rs 693.12 crore for the quarter under review from Rs 532.00 crore for the same quarter last year.

Berger Paints is the third largest paint manufacturer and second largest manufacturer in decorative paints. It’s headquarter is located in Kolkata, it has distribution network of 75 stock points and 12,000 paint retailers. The company’s manufacturing facilities is located in West Bengal, Uttar Pradesh, Pondicherry, Goa, and Jammu and Kashmir.

Berger Paints India Share Price

484.35 15.55 (3.32%)
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