Berger Paints (India) announced Q1FY23 results:

• Consolidated:
  • Revenue from Operations for the quarter ended, 30th June, 2022 was Rs. 2,759.70 crores as against Rs. 1, 798.49 crores in the corresponding quarter of the last year, representing an increase of 53.44% over the corresponding quarter of last year.
  • EBIDTA (excluding other income) for the quarter ended 30th June, 2022 was Rs. 404.84 crores as against Rs. 238.53 crores in the corresponding quarter of the last year, representing an increase of 69.72% over the corresponding quarter of last year.
  • Net profit (after share of profit/loss of associates and joint ventures) for the quarter ended 30 June, 2022 was Rs. 253.71 crores as against Rs. 140.48 crores in the corresponding quarter of the last year, representing an increase of 80.60% over the corresponding quarter of last year. 
• Standalone:
  • Revenue from Operations for the quarter ended 30th June, 2022 was Rs. 2,488.67 crores as against Rs. 1,619.21 crores in the corresponding quarter of the last year, representing an increase of 53.70% over the corresponding quarter of last year.
  • EBIDTA (excluding other income) for the quarter ended 30th June, 2022 was Rs. 373.72 crores as against Rs. 220.79 crores in the corresponding quarter of the last year, representing an increase of 69.26% over the corresponding quarter of last year.
  • Net profit for the quarter ended 30th June, 2022 was Rs. 234.40 crores as against Rs. 135.09 crores in the corresponding quarter of last year, representing an increase of 73.51 % over the corresponding quarter of last year. 

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