Berger Paints India Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 02, 2023 at 04:08 am EDT
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Berger Paints India Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 27,673 million compared to INR 26,709.2 million a year ago. Revenue was INR 27,825.8 million compared to INR 26,835 million a year ago. Net income was INR 2,916.4 million compared to INR 2,193.6 million a year ago. Basic earnings per share from continuing operations was INR 2.5 compared to INR 1.88 a year ago. Diluted earnings per share from continuing operations was INR 2.5 compared to INR 1.88 a year ago.
For the six months, sales was INR 57,968.1 million compared to INR 54,306.2 million a year ago. Revenue was INR 58,256.7 million compared to INR 54,562.4 million a year ago. Net income was INR 6,459.9 million compared to INR 4,727.9 million a year ago. Basic earnings per share from continuing operations was INR 5.54 compared to INR 4.06 a year ago. Diluted earnings per share from continuing operations was INR 5.54 compared to INR 4.06 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 
