Kolkata: Berger Paints India Ltd on Wednesday reported a 44% rise in net profit at Rs.65 crore for the third quarter. The city-based company had a standalone net profit of Rs.45 crore in the corresponding quarter of last year.
Net sales and other operating income for the quarter was Rs.822 crore as against Rs.703 crore in the corresponding quarter FY’12, an increase of 17% year-on-year, Berger Paints said in a statement.
On a consolidated basis, Berger Paints India Ltd’s net profit for the quarter was 57% more at Rs.77 crore, as against Rs.49 crore, the statement said. On a consolidated basis, earnings before depreciation, interest and tax (EBDIT) for the quarter stood at Rs.117 crore, a 38% rise from Rs.85 crore earlier.