Berger Paints Q4 results: Net profit up 5.6% to Rs 220 cr; revenue up 8% to Rs 2,187 cr

Berger Paints India Ltd on Thursday reported a 5.60 percent increase in consolidated net profit to Rs 220.29 crore for the fourth quarter ended March 2022.

The company had posted a consolidated net profit of Rs 208.60 crore in the January-March period a year ago, Berger Paints said in a regulatory filing.

Revenue from operations was up 7.96 percent at Rs 2,187.51 crore during the quarter as against Rs 2,026.09 crore in the year-ago period.

Total expenses were at Rs 1,915.43 crore, up 9.03 percent in Q4 FY22 as against Rs 1,756.64 crore earlier.

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For the full fiscal ended March 2022, Berger Paints' net profit was up 15.73 percent at Rs 832.95 crore, compared to a net profit of Rs 719.72 crore in the previous fiscal.

Its revenue from operations climbed 28.51 percent to Rs 8,761.78 crore from Rs 6,817.59 crore in FY21.

The board has recommended a dividend of 310 percent, which is Rs 3.10 per equity share of Re 1 each for the financial year 2021-22.

Shares of Berger Paints India on Thursday settled at Rs 568.05 on BSE, up 0.33 percent from the previous close.

(With PTI inputs)