Berger Paints India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
February 10, 2017 at 05:06 am
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Berger Paints India Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on standalone basis, the company reported total income from operations of INR 11,675.8 million against INR 11,970 million a year ago. PBDIT was INR 1,630 million against INR 1,740 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,387.4 million against INR 1,515.5 million a year ago. Profit from ordinary activities before tax was INR 1,454.1 million against INR 1,557.6 million a year ago. Net profit was INR 959.3 million or INR 0.99 per basic and diluted share against INR 1,017.5 million or INR 1.05 per basic and diluted share a year ago.
For the nine months, on standalone basis, the company reported income from operations of INR 34,714.5 million against INR 32,509.9 million a year ago. PBDIT was INR 5,060 million against INR 4,550 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4,338.9 million against INR 3,891.2 million a year ago. Profit from ordinary activities before tax was INR 5,488.8 million against INR 3,982.3 million a year ago. Net profit was INR 3,714.8 million or INR 3.83 per basic and diluted share against INR 2,613.1 million or INR 2.69 per basic and diluted share a year ago.
For the quarter, on consolidated basis, the company reported total income from operations of INR 12,965.6 million against INR 12,346.1 million a year ago. PBDIT was INR 1,840 million against INR 1,910 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,563.9 million against INR 1,660.4 million a year ago. Profit from ordinary activities before tax was INR 1,601.3 million against INR 1,677.3 million a year ago. Net profit was INR 1,077.5 million or INR 1.12 per basic and diluted share against INR 1,116.9 million or INR 1.15 per basic and diluted share a year ago.
For the nine months, on consolidated basis, the company reported income from operations of INR 38,140.3 million against INR 35,405.9 million a year ago. PBDIT was INR 5,570 million against INR 4,890 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4,769.1 million against INR 4,147.7 million a year ago. Profit from ordinary activities before tax was INR 5,453.9 million against INR 4,158.9 million a year ago. Net profit was INR 3,605.8 million or INR 3.79 per basic and diluted share against INR 2,746.3 million or INR 2.87 per basic and diluted share a year ago.
Berger Paints India Limited is an India-based company, which is engaged in the manufacturing and selling of paints. The Company offers products in categories, including interior wall coatings, exterior wall coatings, exterior textures, metal finishes, wood finishes, under coats, water proofing solutions. Its designer finishes include Silk GlamArt Metallica, Silk GlamArt Metallica for Designs, Silk GlamArt Non-Metallic, Silk GlamArt Stones and Tones, Silk GlamArt Stucco. Its interior emulsions include Silk Breathe Easy, Silk Glamor Matt, Silk Glow and Silk Glamor Soft Sheen. Its interior wall distempers include Bison Distemper. The Company's exterior emulsions include WeatherCoat Long Life 10, WeatherCoat Long Life 7, WeatherCoat Anti Dustt, WeatherCoat Long Life PU Tile Coat, and Never Miss Ceiling White. Its Sandila Plant is the manufacturing facility of the Company in India with capability to produce 33,000 MT per month, bulk of which is water-based paint.
Berger Paints India Limited Reports Unaudited Standalone and Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016