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

11 Nov 2021 CW Team

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

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..