Berger Paints India Limited Announces Audited Standalone and Consolidated Cash Flow Results for the Year Ended March 31, 2017
July 11, 2017 at 09:53 am EDT
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Berger Paints India Limited announced audited standalone and consolidated cash flow results for the year ended March 31, 2017. For the year, on standalone basis, net cash flow from operating activities was INR 3,380.0 million compared to INR 5,355.5 million a year ago. Purchase of Property, plant and equipment and intangible assets including capital work in progress was INR 2,474.2 million compared to INR 1,053.6 million a year ago.
For the year, on consolidated basis, net cash flow from operating activities was INR 3,945.0 million compared to INR 5,945.7 million a year ago. Purchase of Property, plant and equipment and intangible assets including capital work in progress was INR 2,686.0 million compared to INR 1,217.8 million a year ago.
Berger Paints India Limited is an India-based company, which is engaged in the manufacturing and selling of paints. The Company offers products in categories, including interior wall coatings, exterior wall coatings, exterior textures, metal finishes, wood finishes, under coats, water proofing solutions. Its designer finishes include Silk GlamArt Metallica, Silk GlamArt Metallica for Designs, Silk GlamArt Non-Metallic, Silk GlamArt Stones and Tones, Silk GlamArt Stucco. Its interior emulsions include Silk Breathe Easy, Silk Glamor Matt, Silk Glow and Silk Glamor Soft Sheen. Its interior wall distempers include Bison Distemper. The Company's exterior emulsions include WeatherCoat Long Life 10, WeatherCoat Long Life 7, WeatherCoat Anti Dustt, WeatherCoat Long Life PU Tile Coat, and Never Miss Ceiling White. Its Sandila Plant is the manufacturing facility of the Company in India with capability to produce 33,000 MT per month, bulk of which is water-based paint.