Berger Paints India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2017
August 04, 2017 at 07:06 am EDT
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Berger Paints India Limited reported unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2017. For the quarter, on standalone basis, the company reported revenue from operations of INR 12,624.9 million against INR 11,603.9 million a year ago. Total income was INR 12,727.4 million against INR 11,694.9 million a year ago. Profit before exceptional items and tax was INR 1,588.0 million against INR 1,718.7 million a year ago. Profit before tax was INR 1,588.0 million against INR 1,718.7 million a year ago. Net profit for the period was INR 1,051.7 million or INR 1.08 per basic and diluted share before and after exceptional items against INR 1,142.3 million or INR 1.18 per basic and diluted share before and after exceptional items a year ago.
For the quarter, on consolidated basis, the company reported revenue from operations of INR 13,635.1 million against INR 12,460.8 million a year ago. Total income was INR 13,770.1 million against INR 12,561.2 million a year ago. Profit before exceptional items and tax was INR 1,684.6 million against INR 1,797.4 million a year ago. Profit before tax was INR 1,684.6 million against INR 1,797.4 million a year ago. Net profit for the period was INR 1,128.8 million or INR 1.16 per basic and diluted share before and after exceptional items against INR 1,202.6 million or INR 1.24 per basic and diluted share before and after exceptional items 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 
