Berger Paints's net profit tanks 91% to Rs 15 cr for Q1FY21

New Delhi: Berger Paints India Ltd’s  consolidated net profit tanked 91 percent to Rs 15 crore for the first quarter of the current fiscal as compared to Rs 176 crore in the corresponding quarter of the previous fiscal.

The consolidated revenues from operations fell 46 percent to Rs 930 crore for the first quarter of the current fiscal as compared to Rs 1,716 crore in the corresponding quarter of the previous fiscal. 

The consolidated total expenses of the company declined to Rs 901 crore for the first quarter of the current fiscal as compared to Rs 1,467 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

 

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