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Berger Paints India reports 8% fall in Q3 consolidated net profit

10 Feb 2022 Evaluate

Berger Paints India has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 13.12% in its net profit at Rs 220.29 crore for the quarter under review as compared to Rs 253.57 crore for the same quarter in the previous year. However, total income of the company increased by 20.95% at Rs 2270.22 crore for Q3FY22 as compared Rs 1877.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 8% in its net profit at Rs 252.97 crore for the quarter under review as compared to Rs 274.98 crore for the same quarter in the previous year. However, total income of the company increased by 20.27% at Rs 2566.22 crore for Q3FY22 as compared Rs 2133.79 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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