Berger Paints' fourth quarter net profit rose lower-than-expected 4 percent year-on-year to Rs 51 crore.
Total income too increased less-than-expected 7.9 percent to Rs 736 crore from Rs 682 crore year-on-year.
Analysts on an average had expected the paint company to report net profit at Rs 58.3 crore on total income of Rs 865 crore for the quarter.
Earnings before interest, tax, depreciation and tax (EBITDA) grew by 19.7 percent Y-o-Y to Rs 85 crore and operating profit margin increased 130 basis points Y-o-Y to 11.6 percent as against analysts' expectations of Rs 101 crore and 11.7 percent, respectively.
The stock declined 0.66 percent to close at Rs 241.90 on Bombay Stock Exchange.
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