Berger Paints Q4 results: Profit declines 6.50% YoY

It had posted a net profit of Rs 110.37 crore in the corresponding quarter last year.

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The board recommended a final dividend of Rs 0.30 per equity share of the face value of Re 1 each for the financial year 2019-2020.
New Delhi: Berger Paints on Tuesday posted 6.51 per cent year-on-year (YoY) fall in consolidated net profit at Rs 103.18 crore for the quarter ended March 31. It had posted a net profit of Rs 110.37 crore in the corresponding quarter last year.

Revenue of the company declined 7.96 per cent YoY to Rs 1,354.84 crore during the quarter under review.

The board recommended a final dividend of Rs 0.30 per equity share of the face value of Re 1 each for the financial year 2019-2020.


Consolidated EBITDA declined 7.62 per cent YoY to Rs 208.40 crore in Q4FY20.

The paint major announced its results post market hours. Earlier during the day, shares of the company closed 2.32 per cent higher at Rs 517. On the other hand, the benchmark BSE Sensex settled 1.49 per cent up at 35,430.
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