Business Standard

Berger Paints gains over 4%, hits record high after Q2 result announcement

Revenue from operations grew 9 per cent to Rs 1,742.55 crore during the quarter under review.

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On a standalone basis, the company's revenue from operations came in at Rs 1 536.4 crore, representing an increase of 7.4 per cent YoY. (Representative image)

SI Reporter New Delhi
Shares of Berger Paints rallied as much as 4.4 per cent to hit an all-time high of Rs 675.45 apiece on the BSE on Friday, a day after the company reported an increase of 13.55 per cent in its consolidated net profit at Rs 221.05 crore for the quarter ended September 2020. 

The company had posted a net profit of Rs 194.66 crore in the year-ago period.

Revenue from operations grew 9 per cent to Rs 1,742.55 crore during the quarter under review as against Rs 1,598.58 crore in the corresponding quarter of the previous fiscal.

Berger Paints' total expenses were at Rs

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