Berger Paints Sept quarter net profit increases 13.55% to Rs 221 crore

Berger Paints India Ltd on Thursday reported an increase of13.55per cent in its consolidated net profit to Rs221.05crore for the second quarter ended September 2020.

The company had posted a net profit of Rs194.66crore during the July-September quarter of the previous fiscal,Berger Paints India said in a regulatory filing.

Its revenue from operations was up 9 per cent at Rs1,742.55crore during the quarter under review as against Rs1,598.58crore in the corresponding period of the previous fiscal.

Berger Paints' total expenses were at Rs1,471.97crore in Q2 FY2020-21.

Shares of Berger Paints India settled at Rs646.95apiece on the BSE, up 1.43 per cent from the previous close.