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Berger Paints India reports 81% rise in Q1 consolidated net profit

04 Aug 2022 Evaluate

Berger Paints India has reported results for first quarter ended June 30, 2022.

The company has reported a rise of 73.51% in its net profit at Rs 234.40 crore for the quarter under review as compared to Rs 135.09 crore for the same quarter in the previous year. Total income of the company increased by 52.84% at Rs 2,499.29 crore for Q1FY23 as compared Rs 1,635.22 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 80.60% in its net profit at Rs 253.71 crore for the quarter under review as compared to Rs 140.48 crore for the same quarter in the previous year. Total income of the company increased by 52.72% at Rs 2,772.74 crore for Q1FY23 as compared Rs 1,815.52 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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