Berger Paints India: Q1FY18 Result

Berger Paints India Ltd. reported its results for the quarter ended June 30, 2017 today. 

Total sales for this quarter, Q1FY18, came in at Rs. 1262.5 crore. This represents a 11.03 per cent sequential increase and 8.8 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 176.76 crore and the EBIT margin stood at 14 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs. 105.17 crore which represents a sequential QoQ increase of 40.28 per cent and a YoY decline of 7.93 per cent.

Berger Paints India Limited is engaged in the manufacture of paints and varnishes, enamels or lacquers. The company offers products in categories such as interior wall coatings, exterior wall coatings, berger metal and wood paints, protective coating, undercoats and construction chemicals.