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Berger Paints India reports 5% rise in Q2 consolidated net profit

01 Nov 2018 Evaluate

Berger Paints India has reported results for second quarter ended September 30, 2018.

The company has reported a fall of 3.33% in its net profit at Rs 102.18 crore for the quarter under review as compared to Rs 105.70 crore for the same quarter in the previous year. However, total income of the company increased by 14.85% at Rs 1,340.50 crore for Q2FY19 as compared Rs 1,167.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 5.34% in its net profit at Rs 117.29 crore for the quarter under review as compared to Rs 111.34 crore for the same quarter in the previous year. Total income of the company increased by 16.27% at Rs 1,502.07 crore for Q2FY19 as compared Rs 1,291.83 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Asian Paints 2335.00
Berger Paints India 469.35
Kansai Nerolac Paint 178.10
JSW Dulux 3053.45
Indigo Paints 1017.80
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