Berger Paints logs 35% increase in Q1 net profit

NEW DELHI: Berger Paints today reported a 34.52 per cent increase in consolidated net profit at Rs 77.3 crore for the first quarter ended June 30, 2015.

The company had posted consolidated net profit of Rs 57.46 crore a year ago.

Its net sales in the quarter under review stood at Rs 1,117.75 crore, an increase of 5.83 per cent compared with Rs 1,056.16 crore in the same quarter of the previous year, Berger Paints said in a filing to BSE.

Overall expenses in the quarter stood at Rs 995.97 crore, up 2.99 per cent compared with Rs 967.05 crore a year earlier.

The stock was trading at Rs 225.85, up 3.62 per cent, on BSE.