Berger Paints India Q4 results were released today. The company has successfully maintained its profitability with an increase of 19.68%. The company deals in paints, waterproofing, and wood coating services. By maintaining the beauty of our houses, the company is also maintaining the beauty of its business with its profitability. Berger Paints introduced a dividend of Rs. 3.50 per equity share at face value of Re. 1 each for the financial year 2023-24. The company has given its shareholders a good share of dividends, making them satisfied with their investments.
Berger Paints Q4 results were released with an increase in net profit of Rs. 222.62 Crores. The company’s net profit increased by 19.68%. Meanwhile, its consolidated net profit is Rs. 186.01 Crores. The company announced publicly about its results on Wednesday. Not only the profits, but the company also has an increase in the revenue. Berger Paints has a consolidated revenue of Rs. Rs. 2,520.28 Crores for the Q4 2024. However, it was Rs. 2,443.63 Crores in the Q4 of the previous year. The expenses of the company also increased with the revenue. It is now Rs. 2,274.13 Crores for Q4 2024. However, last year’s Q4 recorded expenses were Rs. 2,178.58 Crores.
The quarterly growth has shown excellent results. Let us have a look at the yearly growth as well. The company recorded a net profit for the financial year ending 31 March 2024 at Rs. 1,169.82 Crores, while it had a net profit for the financial year ending 31 March 2023 at Rs. 860.4 Crores. The revenue from the operations is at Rs. 11,198.92 Crores for the financial year ending 31 March 2024, while it was just Rs. 10,567.84 crores in the financial year ending 31 March 2023.
The company is focused on further growth. Berger Paints mentions that they prefer to change to meet the changing needs of their customers. Berger Paints’ share price fell by 1.70% today. It had a straight fall at the beginning of the morning session. The stock is currently falling, following a downward trend from the previous month. It currently fell by 8.48% in a month.
Berger Paints India is among the top companies performing well quarterly and yearly. The company has worked to control its expenses to maintain high revenue and profits. We hope you get enough details about Berger Paints’ Q4 results, net profit, income, and cost comparison above. Stay tuned for more information on the website.
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