Berger Paints India reported a 36.54% rise in consolidated net profit to Rs 181.85 crore in Q3 December 2019 as against Rs 133.18 crore reported in Q3 December 2018.
The company's revenue from operations stood at Rs 1695.9 crore in Q3 December 2019, rising 4.9% from Rs 1616.7 crore reported in Q3 December 2018. The result was announced at the fag end of market hours today, 5 February 2020.Profit before tax (PBT) for Q3 December 2019 stood at Rs 249.61 crore, up by 22.56% from Rs 203.67 crore reported in Q3 December 2018. Current tax expenses stood at Rs 64.98 crore in Q3 December 2019, declining 6.96% from Rs 69.84 crore reported in Q3 December 2018.
EBITDA rose 18.4% to Rs 296.3 crore in Q3 December 2019 as against Rs 250.2 crore in Q3 December 2018.
Berger Paints is engaged in retail, decorative and industrial painting solutions.
Shares of Berger Paints were trading 0.58% lower at Rs 584.65.
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