Standalone Q1 profit growth was reported at 39% aided by favourable raw material costs and operational efficiencies. The profit after tax (PAT) for the April-June quarter stood at Rs 326 crore versus Rs 234 crore in Q1FY23. Standalone Q1 net sales at Rs 2740 crore, up 10%, with high double-digit volume growth led by a healthy uptick across urban and rural markets, the exchange filing said.
Berger Paints Q1 Results: The company said its board has approved the issue of one bonus equity share of face value of Re 1 each against 5 equity shares of the face value of Re 1 each, subject to shareholders approval.
Shares of paint companies have been buzzing on Dalal Street amid the ongoing fall in crude oil prices and better-than-expected financial results in the June quarter. Here's what analysts about to say about which stock to pick.