Berger Paints Q3 net profit down 2% at Rs 109 cr

Kolkata-based Berger Paints today reported a decline of 2.02 per cent in consolidated net profit at Rs 109.12 crore for the third quarter ended on December 31, 2016.
The company had reported a net profit of Rs 111.37 crore in October-December quarter a year ago, Berger Paints said in a BSE filing.
Its total consolidated income during the quarter under review was up 5.01 per cent at Rs 1,296.56 crore from Rs 1,234.61 crore of the corresponding quarter of the previous fiscal.
Berger Paints' total expenses during the quarter was at Rs 1,140.17 crore as against Rs 1,068.57 crore a year ago, up 6.70 per cent.

Shares of Berger Paints today ended 1.89 per cent up at Rs 229.65 apiece on BSE.