The country’s second biggest paint company, Berger Paints India Ltd has reported that its consolidated net profit for the first quarter ended June 30, 2016 climbed by 55 per cent at Rs 120.26 crore from the same period a year ago on impressive rise in sales.
In Q1 FY 2015-16, consolidated net profit came in at Rs 77.84 crore, Berger Paints India Ltd said in a filing to the Bombay Stock Exchange (BSE) on Wednesday.
Consolidated total income from operations climbed by 11 per cent at Rs 1,246 crore in Q1 FY 2016-17 from Rs 1,126 crore in the same period a year ago. Consolidated total expenses rose 7 per cent at Rs 1,077 crore in Q1 FY 2016-17 from Rs 1,005 crore in the same period a year ago.
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