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Berger Paints today reported 26.34% increase in consolidated net profit at Rs 55.34 crore for the fourth quarter ended March 31, 2014.
The company had posted consolidated net profit of Rs 43.8 crore during the January-March quarter of last fiscal, 2012-13, Berger Paints said in a filing to the BSE.
The company's net sales during Q4, 2013-14 stood at Rs 963.49 crore, an increase of 19.57% as compared to Rs 805.78 crore in the year-ago period.
Overall expenses in Q4 stood at Rs 880.79 crore, up 19.60% as compared to Rs 736.4 crore in the corresponding period last year.
During FY'14, the company's net profit stood at Rs 249.39 crore, against Rs 218.4 crore in previous financial year.
Net sales in 2013-14 were at Rs 3,854.46 crore as compared with Rs 3,334.6 crore in the same period last year.
The Board of Directors of the company have recommended a dividend of Rs 2.20 per share.
The company's shares were trading at Rs 246.50 apiece, up 1.69% from the previous close on the BSE.
