Posted inPaints

Berger Paints Q3 net slips as margins stay under pressure; volumes improve sequentially

Synopsis: Berger Paints India on Thursday reported a decline in net profit for the December quarter despite marginal revenue growth, as margin pressures and one-off costs weighed on earnings. Consolidated net profit fell 8.3% year-on-year to ₹271.3 crore even as revenue inched up 0.3% to ₹2,984 crore. The company said demand conditions improved sequentially during […]