Berger Paints clocks 16% jump in PAT in Q1 of FY12

KOLKATA: Berger Paints has clocked a 16% growth in its net profit for Q1 of FY12. Net profit of the company soared to Rs 37 crore as compared to Rs 32 crore in the corresponding quarter of last fiscal

Net Sales for the quarter ended on 30th June, 2011 was Rs. 693 crores as against Rs 532 crores in the corresponding quarter of the last year representing an increase of 30% over the corresponding period of last year. Earnings Before Depreciation, Interest and Tax (EBDIT) for the quarter ended on 30th June, 2011 was Rs. 71 crores as against Rs 62 crores in the corresponding quarter of the last year representing an increase of 14.5% over the corresponding period last year.

Basic Earnings Per Share improved to Rs. 1.07 from Re. 0.92 in the previous quarter.