Berger Q4 net up 31 pc

KOLKATA: Berger Paints India today reported a net profit of Rs 28.17 crore for the fourth quarter ended March, representing a rise of 31 per cent over the corresponding period last year. (Watch)

Net sales during the quarter was Rs 434.5 crore against Rs 350.7 crore in the same year-ago period, representing a growth of 24 per cent, the company said in a statement.

On yearly basis, profit after tax for the year was Rs 119.1 crore representing a growth of 34 per cent over 2008-09.

Net sales rose to Rs 1,684 crore from Rs 1,508 crore registered in the previous fiscal.

Berger also said its 150,000 MTPA water based paint plant project at Hindupur, Andhra Pradesh was on schedule.