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Berger Paints India reports 33% rise in Q2 consolidated net profit

02 Nov 2023 Evaluate

Berger Paints India has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 27.91% rise in its net profit at Rs 243.89 crore for Q2FY24 as compared to Rs 190.68 crore for the same quarter in the previous year. Total income of the company increased by 2.84% at Rs 2,455.70 crore for Q2FY24 as compared Rs 2,387.97 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 33.08% rise in its net profit at Rs 292.13 crore for the quarter under review as compared to Rs 219.51 crore for the same quarter in the previous year. Total income of the company increased by 3.69% at Rs 2,782.58 crore for Q2FY24 as compared Rs 2,683.50 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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