Business Standard

Berger Paints net profit up 19.4% at Rs 23.93 cr

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BS Reporter Kokata

Sales grew by over 14 per cent to reach Rs 379.55 crore for Q4 FY08. The company's net profit for FY08 was Rs 92.08 crore, up 10.85 per cent and its sales grew by 15 per cent on a year-on-year basis to reach Rs 1521.68 crore during the fiscal.

BPI has embarked on both organic and inorganic growth plans together with attempts at improving its product mix and launching new products. It recently acquired Polish paints major Bolix S.A apart from taking up expansion works at its plants in India.

 

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First Published: Jun 10 2008 | 1:44 PM IST

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