Berger Paints India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 15, 2023 at 06:35 am EDT
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Berger Paints India Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 24,436.3 million compared to INR 21,875.1 million a year ago. Revenue was INR 24,587 million compared to INR 22,066.3 million a year ago. Net income was INR 1,856.9 million compared to INR 2,206.6 million a year ago. Basic earnings per share from continuing operations was INR 1.5917 compared to INR 1.8917 a year ago. Diluted earnings per share from continuing operations was INR 1.5917 compared to INR 1.8917 a year ago.
For the full year, sales was INR 105,678.4 million compared to INR 87,617.8 million a year ago. Revenue was INR 106,194.1 million compared to INR 88,263.7 million a year ago. Net income was INR 8,594.2 million compared to INR 8,328.2 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.
BERGER PAINTS INDIA LIMITED 
