Berger Paints today said its consolidated net profit rose by 31.44% to Rs 43.85 crore for the third quarter ended December 31, 2010, over the same period previous fiscal.
The company had reported a net profit of Rs 33.36 crore in the same period last fiscal, Berger Paints said in a filing to the Bombay Stock Exchange (BSE).
Net sales of the company rose to Rs 619.16 crore for the quarter ended December 31, 2010, compared to Rs 490.02 crore in the same period previous fiscal.
For the nine months ended December 31, 2010, the company posted a net profit of Rs 116.24 crore, compared to Rs 93.64 crore in the same period last fiscal.
Shares of Berger Paints today closed at Rs 77.65 on the BSE, up 2.78% from its previous close.