Berger Paints India reports 17% rise in Q2 consolidated net profit

Berger Paints India Ltd. | Paints | Chemicals & Fertilizers | BSE: 509480 | NSE: BERGEPAINT

06 Nov 2019 Evaluate

Berger Paints India has reported results for second quarter ended September 30, 2019.

The company has reported 71.99% rise in its net profit at Rs 174.36 crore for the quarter under review as compared to Rs 101.38 crore for the same quarter in the previous year. Total income of the company increased by 7.57% at Rs 1441.97 crore for Q2FY20 as compared Rs 1340.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 16.94% in its net profit at Rs 194.66 crore for the quarter under review as compared to Rs 166.46 crore for the same quarter in the previous year. Total income of the company increased by 7.47% at Rs 1614.31 crore for Q2FY20 as compared Rs 1502.07 crore for the corresponding quarter previous year.

Peers

Company Name	CMP
Asian Paints	2444.40
Berger Paints India	452.60
Kansai Nerolac Paint	181.25
JSW Dulux	3136.45
Indigo Paints	1138.15
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