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Berger Paints India
reported higher fourth-quarter profit on improved margins and steady revenue growth, while also announcing a final dividend and the reappointment of its managing director and chief executive officer.
The company's net profit for the quarter ended March rose 27.8% year-on-year to ₹335 crore, compared with ₹262 crore in the year-ago period, according to the company’s exchange filing.
Revenue from operations grew 6.1% to ₹2,868 crore from ₹2,704 crore a year earlier. EBITDA increased 12.6% year-on-year to ₹482 crore, while operating margin expanded to 16.8% from 15.8% in the corresponding quarter last year.
The board recommended a final dividend of ₹4 per equity share of face value Re 1 each for FY26, subject to shareholder approval at the company’s 102nd Annual General Meeting.
The company also approved the reappointment of Abhijit Roy as Managing Director and CEO for a further period of four years from July 1, 2027 to June 30, 2031, following the completion of his current term.
Shares of Berger Paints India ended marginally lower on Tuesday, May 12, by 0.98% at ₹489.00 on the NSE.
The company's net profit for the quarter ended March rose 27.8% year-on-year to ₹335 crore, compared with ₹262 crore in the year-ago period, according to the company’s exchange filing.
Revenue from operations grew 6.1% to ₹2,868 crore from ₹2,704 crore a year earlier. EBITDA increased 12.6% year-on-year to ₹482 crore, while operating margin expanded to 16.8% from 15.8% in the corresponding quarter last year.
The board recommended a final dividend of ₹4 per equity share of face value Re 1 each for FY26, subject to shareholder approval at the company’s 102nd Annual General Meeting.
The company also approved the reappointment of Abhijit Roy as Managing Director and CEO for a further period of four years from July 1, 2027 to June 30, 2031, following the completion of his current term.
Shares of Berger Paints India ended marginally lower on Tuesday, May 12, by 0.98% at ₹489.00 on the NSE.
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