Berger Paints Q2 up 33% at Rs 89 cr

Kolkata-based Berger Paints today reported a 32.71 per cent jump in its consolidated net profit at Rs 88.96 crore for the quarter ended September 30.
The company had reported a consolidated net profit of Rs 67.03 crore during the July-September quarter of the last fiscal, Berger Paints said in a BSE filing.
Consolidated net sales during the quarter under review was up 5.52 per cent to Rs 1,163.21 crore from Rs 1,102.31 crore in the same period of the previous fiscal.
For the six-month period ended September 30, the company posted a 33.55 per cent increase in its consolidated profit at Rs 166.26 crore compared with Rs 124.49 crore in the same period last fiscal.

The company's net sales during the first half of the fiscal increased by 5.67 per cent to Rs 2,280.96 crore as against Rs 2,158.47 crore in the year-ago period.
Reacting to the earnings numbers shares of the company settled at Rs 225.30, up 2.99 cer cent on BSE.