Berger Paints Q4 Net up 4.95% at Rs 58.08 crore

The company's shares were trading at Rs 207.75 apiece on the BSE, down 1.05 percent from previous close.

New Delhi: Berger Paints on Friday reported a 4.95 percent rise in consolidated net profit at Rs 58.08 crore for the quarter ended March 31.

The company had posted a consolidated net profit of Rs 55.34 crore during the January-March quarter of 2013-14, Berger Paints said in a filing to the BSE.

The company's net sales during the quarter under review stood at Rs 1,038.13 crore, an increase of 7.74 percent as compared to Rs 963.49 crore in the year-ago period.

During the 2014-15 fiscal, the company's net profit stood at Rs 264.7 crore as against Rs 249.39 crore in previous financial year.

Net sales in 2014-15 were at Rs 4,304.99 crore compared with Rs 3,854.46 crore in 2013-14.

The Board of Directors of the company have recommended a final dividend of Rs 0.65 per share.

The company's shares were trading at Rs 207.75 apiece on the BSE, down 1.05 percent from previous close.

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