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Berger Paints India reports 20% fall in Q3 consolidated net profit

03 Feb 2023 Evaluate

Berger Paints India has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported a fall of 5.99% in its net profit at Rs 207.10 crore for the quarter under review as compared to Rs 220.29 crore for the same quarter in the previous year. However, total income of the company increased 8.29% at Rs 2458.42 crore for Q3FY23 as compared to Rs 2270.22 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported fall of 20.48% in its net profit at Rs 201.17 crore for the quarter under review as compared to Rs 252.97 crore for the same quarter in the previous year. However, total income of the company increased 5.39% at Rs 2704.47 crore for Q3FY23 as compared to Rs 2566.22 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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