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Berger Paints reports 17% rise in Q1 net profit

03 Aug 2012 Evaluate

Berger Paints, one of the leading paint companies in India has reported results for first quarter ended June 30, 2012.

The company has reported a rise of 17.19% in its net profit at Rs 47.70 crore for the quarter under review as compared to Rs 40.70 crore for the same quarter in the previous year. The total income from operation of the company has increased by 16.94% at Rs 751.60 crore for Q1FY13 as compared Rs 642.70 crore for the corresponding quarter previous 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. 

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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