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Berger Paints registers 14.1% increase in standalone revenue in 4th quarter

Published in Corporate Friday, 01 June 2018 14:39




 
Berger Paints India Ltd has achieved a Standalone Revenue from Operations (excluding GST & excise duty, as applicable) for the quarter ended 31st March, 2018 was Rs.1, 194.81 crores (previous year: Rs. 1047.22 crores) representing an increase of 14.1%.

Revenue from Operations (excluding GST & excise duty, as applicable) for the year ended 31st March, 2018 was Rs.4705.09 crores (previous year: Rs. 4228.86 crores) representing an increase of 11.3%.

PROFIT:

a.    PBDIT (Profit Before Depreciation, Interest and Tax) for the Quarter Ended, 31st March, 2018 was Rs 200.16 crores against Rs 170.93 Crores in the year 2016-17, representing an increase of 17.1%

b.    PBDIT (Profit Before Depreciation, Interest and Tax) for the Year Ended, 31st March, 2018 was Rs 789.93 crores against Rs 710.43 Crores in the year 2016-17, representing an increase of 11.2%

c.    Net profit for the year ended 31st March 2018 was Rs 431.84 Crores. This is not comparable with the net profit for the year 2016-17 since the same included exceptional item viz., profit on transfer of the company’s paint division relating to four-wheeler passenger cars and SUVs, three-wheelers and related ancillaries and impairment provision on the carrying value of investment in a wholly owned subsidiary.


Highlights of the Consolidated Results:

REVENUE:

a.    Revenue from Operations (excluding GST & excise duty, as applicable) for the quarter ended 31st March, 2018 was Rs.1,298.27 crores (previous year: Rs. 1115.342 crores) representing an increase of 16.4%.

b.    Revenue from Operations (excluding GST & excise duty, as applicable) for the year ended 31st March, 2018 was Rs.5147.16 crores (previous year: Rs. 4555.79 crores) representing an increase of 13%.

PROFIT:

a.    PBDIT (Profit Before Depreciation, Interest and Tax) for the Quarter Ended, 31st March, 2018 was Rs 212.37 crores against Rs 179.13 Crores in the year 2016-17, representing an increase of 18.6%

b.    PBDIT (Profit Before Depreciation, Interest and Tax) for the Year Ended, 31st March, 2018 was Rs 852.86 crores against Rs 773.10 Crores in the year 2016-17, representing an increase of 10.3%

c.    Net profit for the year ended 31st March 2018 was Rs 460.83 Crores. This is not comparable with the net profit for the year 2016-17 since the same included exceptional items viz., profit on

d.    transfer of the company’s paint division relating to four-wheeler passenger cars and SUVs, three-wheelers and related ancillaries and impairment provision on the carrying value of investment in a wholly owned subsidiary.

ANIRUDDHA SEN,Sr. Vice President & Company Secretary, Berger Paints India Ltd said that the Board recommended dividend of Rs 1.80 (180%) per equity share of Re 1/- each for the financial year ended 31st March 2018



Last modified on Friday, 01 June 2018 14:57

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