Berger Paints records 1% marginal drop in net profit in Q2 FY22
Paint

Berger Paints records 1% marginal drop in net profit in Q2 FY22

Berger Paints India has registered a marginal drop of 1% in its consolidated net profit for the quarter ended September 2021.

Its profit after tax (PAT) reached Rs 219.21 crore in Q2 FY22 compared to Rs 221.05 crore it registered in the similar quarter of the preceding fiscal, the firm said in a BSE filing.

The firm's net consolidated total revenue reached Rs 2,238 crore, a growth of 27% from Rs 1,765.73 crore it recorded in a corresponding quarter in 2020.

During the quarter, the shareholders have passed a final dividend of Rs 2.80 (280%) per equity share of Re. 1 each for the financial year ended March 31, 2021, at the annual general meeting conducted on August 27, 2021.

Income from operations for the half-year ended September 30, 2021, was Rs. 4,023.50 crore, a surge of 50.51% from Rs 2,673.31 crore registered in a corresponding quarter the previous year.

Net profit for the half-year ended September 30, 2021, surged by 52.32% and reached Rs 359.69 crore compared to Rs. 236.14 crore it recorded in a similar quarter last year.

Image Source

Also read: Berger Paints Q1 results: Net profit at Rs 140 crore

Berger Paints India has registered a marginal drop of 1% in its consolidated net profit for the quarter ended September 2021. Its profit after tax (PAT) reached Rs 219.21 crore in Q2 FY22 compared to Rs 221.05 crore it registered in the similar quarter of the preceding fiscal, the firm said in a BSE filing. The firm's net consolidated total revenue reached Rs 2,238 crore, a growth of 27% from Rs 1,765.73 crore it recorded in a corresponding quarter in 2020. During the quarter, the shareholders have passed a final dividend of Rs 2.80 (280%) per equity share of Re. 1 each for the financial year ended March 31, 2021, at the annual general meeting conducted on August 27, 2021. Income from operations for the half-year ended September 30, 2021, was Rs. 4,023.50 crore, a surge of 50.51% from Rs 2,673.31 crore registered in a corresponding quarter the previous year. Net profit for the half-year ended September 30, 2021, surged by 52.32% and reached Rs 359.69 crore compared to Rs. 236.14 crore it recorded in a similar quarter last year. Image Source Also read: Berger Paints Q1 results: Net profit at Rs 140 crore

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?