Berger Paints net profit declines 8% to Rs 253 cr in Q3 FY22
Paint

Berger Paints net profit declines 8% to Rs 253 cr in Q3 FY22

On Wednesday, Berger Paints India Ltd had reported an 8% decline in its consolidated net profit to Rs 252.97 crore for the December 2021 quarter.

The operational revenue of the company from the period between October and December 2021 had increased by 20.42 % to Rs 2,550.77 crore, in comparison with Rs 2,118.19 crore in the same period last year.

Berger Paints in a regulatory filing said that during the same period last year the company had recorded a net profit of Rs 274.98 crore.

The company’s revenue from their operations in the October-December 2021 period witnessed a rise of 20.42% which is Rs 2,550.77 crore, which was Rs 2,118.19 crore in the same period last year.

In December 2021 the total expenses of Berger Paints India were Rs 2,228.56 crore. There is an increase of 26.26% when compared to Rs 1,764.94 crore in the last year.

On Wednesday the shares of Berger Paints India Limited on the Bombay Stock Exchange (BSE) stood at Rs 722.55, which increased by 0.62% in comparison with their previous closing.

Image Source

Also read: Berger Paints Q1 results: Net profit at Rs 140 crore
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

On Wednesday, Berger Paints India Ltd had reported an 8% decline in its consolidated net profit to Rs 252.97 crore for the December 2021 quarter. The operational revenue of the company from the period between October and December 2021 had increased by 20.42 % to Rs 2,550.77 crore, in comparison with Rs 2,118.19 crore in the same period last year. Berger Paints in a regulatory filing said that during the same period last year the company had recorded a net profit of Rs 274.98 crore. The company’s revenue from their operations in the October-December 2021 period witnessed a rise of 20.42% which is Rs 2,550.77 crore, which was Rs 2,118.19 crore in the same period last year. In December 2021 the total expenses of Berger Paints India were Rs 2,228.56 crore. There is an increase of 26.26% when compared to Rs 1,764.94 crore in the last year. On Wednesday the shares of Berger Paints India Limited on the Bombay Stock Exchange (BSE) stood at Rs 722.55, which increased by 0.62% in comparison with their previous closing. Image Source Also read: Berger Paints Q1 results: Net profit at Rs 140 crore

Next Story
Infrastructure Transport

Telangana Eyes Rail Boost for $1 Trillion Goal

Telangana Chief Minister A Revanth Reddy emphasized the state's commitment to contributing $1 trillion to India's $5 trillion economic vision, contingent on robust railway infrastructure development. Speaking virtually at the inauguration of the modernized Cherlapally terminal, the CM called for central government support for key rail projects, including the second phase of Hyderabad Metro and the early execution of the Vikarabad-Krishna rail line via Kodangal. Highlighting Telangana's land-locked nature, Reddy proposed a dedicated rail line between Secunderabad and Machilipatnam port in Andhr..

Next Story
Infrastructure Transport

Thane Reviews Road Projects Amid Key Challenges

The city of Thane has recently undertaken a comprehensive review of its ongoing road infrastructure projects, focusing on overcoming key challenges that have hindered their timely completion. The review meeting, led by senior municipal officials, was aimed at assessing the current progress of multiple roadworks and addressing obstacles such as land acquisition issues, delayed approvals, and lack of coordination between departments. Among the most pressing concerns raised during the review were the frequent disruptions caused by local traffic, difficulties in obtaining necessary permissions for..

Next Story
Infrastructure Urban

MP Expands Vikram Udyogpuri for Investments

The Madhya Pradesh Industrial Development Corporation (MPIDC) has acquired over 400 hectares of private land to develop Phase 2 of the Vikram Udyogpuri industrial area. This expansion aims to attract significant industrial investments and address the rising demand for space in the region. Vikram Udyogpuri currently spans 458 hectares and is nearing full capacity. The MPIDC has initiated the process of land acquisition and is preparing a detailed project report for the second phase. This strategic project will be a highlight at the upcoming Investors' Summit 2025 in Bhopal this February. "We ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000