This story is from August 11, 2021
Berger Paints sees double-digit growth in Q2
Kolkata:
“We are now operating in three shifts from two shifts earlier. The demand has gone up and it is reasonably good and the trend is indicative that this season would be good. We are already ahead of pre-pandemic demand,” he added.
Berger posted 171.3% jump in net profit in the first quarter of this to Rs 135 crore from Rs 49.8 crore. The revenue from operations for the quarter ended June 30, 2021 was Rs 1,619.2 crore against Rs 826.1 crore in the year-ago period, representing an increase of 96%.
Berger Paints
India is expecting a strong double-digit growth in the second quarter of this fiscal. The MD and CEO of Berger Paints, Abhijit Roy, told TOI that decorative paints is doing well and water proofing solutions could be the future growth driver for the company.“We are now operating in three shifts from two shifts earlier. The demand has gone up and it is reasonably good and the trend is indicative that this season would be good. We are already ahead of pre-pandemic demand,” he added.
Berger posted 171.3% jump in net profit in the first quarter of this to Rs 135 crore from Rs 49.8 crore. The revenue from operations for the quarter ended June 30, 2021 was Rs 1,619.2 crore against Rs 826.1 crore in the year-ago period, representing an increase of 96%.
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