Berger Paints Q3 net down 20.4% to Rs 201 cr; revenue up 6% to Rs 2,694 cr

New Delhi: Berger Paints India Ltd has reported a decline of 20.47 percent in its consolidated net profit at Rs 201.17 crore in the third quarter ended December 2022.

The company had posted a net profit of Rs 252.97 crore in the October-December period a year ago, Berger Paints said in a regulatory filing.

Its revenue from operations was up 5.59 percent at Rs 2,693.59 crore during the quarter under review as against Rs 2,550.77 crore in the year-ago period.

Berger Paints total expenses were at Rs 2,437.84 crore, up 9.39 percent in Q3/FY23, as against Rs 2,228.56 crore a year ago.