Berger Paints India Reports ₹2.62 Billion Profit in Q4, Declares ₹3.80 Dividend

Image Source : Mint

Berger Paints India Ltd has announced its financial results for the fourth quarter, reporting a consolidated revenue from operations of ₹7.04 billion. The company’s net profit stood at ₹2.62 billion, surpassing the IBES estimate of ₹2.43 billion, reflecting strong operational efficiency and profitability. Berger Paints has also declared a dividend of ₹3.80 per share, reinforcing its commitment to shareholder returns.

Quarterly Financial Performance:
- Berger Paints recorded revenue of ₹7.04 billion, aligning with steady market demand and business expansion.
- Net profit exceeded expectations, reaching ₹2.62 billion, highlighting improved cost management and operational strength.
- The company’s performance underscores its ability to navigate industry challenges while maintaining financial stability.

Dividend Declaration and Market Outlook:
- Berger Paints has approved a dividend of ₹3.80 per share, reinforcing its commitment to rewarding shareholders.
- The payout is expected to enhance investor confidence and strengthen market positioning.
- Analysts view this move as a reflection of the company’s strong cash flow and financial stability.

Sources: Economic Times, Business Standard, Moneycontrol