Berger Paints Q4 net up 4.95% at Rs 58.08 crore

Berger Paints today reported a 4.95% rise in consolidated net profit at Rs 58.08 crore for the quarter ended March 31.

The company had posted a consolidated net profit of Rs 55.34 crore during the January-March quarter of 2013-14, Berger Paints said in a filing to the BSE.

The company's net sales during the quarter under review stood at Rs 1,038.13 crore, an increase of 7.74% as compared to Rs 963.49 crore in the year-ago period.

During the 2014-15 fiscal, the company's net profit stood at Rs 264.7 crore as against Rs 249.39 crore in previous financial year.

Net sales in 2014-15 were at Rs 4,304.99 crore compared with Rs 3,854.46 crore in 2013-14.

The Board of Directors of the company have recommended a final dividend of Rs 0.65 per share.

The company's shares were trading at Rs 207.75 apiece on the BSE, down 1.05% from previous close.