Berger paints net profit up 81% in June quarter

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Shares of Berger Paints India Ltd on Thursday settled at Rs 666.90 on BSE.

New Delhi:

Berger Paints India Ltd on Thursday reported an 80.60 percent increase in consolidated net profit to Rs 253.71 crore for the first quarter ended June 30, 2022.

The company posted a net profit of Rs 140.48 crore in the April-June period a year ago, Berger Paints said in a regulatory filing.

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Operating income rose 53.44 percent to Rs 2,759.70 crore during the reporting quarter, compared to Rs 1,798.49 crore in the same period a year ago.

The total cost was Rs 2,433.92 crore, up 49.83 per cent from Rs 1,624.36 crore in Q1 FY22.

Shares of Berger Paints India Ltd traded at Rs 666.90 on BSE on Thursday, up 1.51 percent from the previous close.

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