HomeNewsBusinessBerger Paints Q3 PAT may dip 1.6% YoY to Rs 218.9 cr: KRChoksey
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Berger Paints Q3 PAT may dip 1.6% YoY to Rs 218.9 cr: KRChoksey

Net Sales are expected to increase by 12 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs 222.5 crore, according to KRChoksey.

January 10, 2022 / 18:48 IST
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Berger Paints | The company reported higher consolidated profit at Rs 274.8 crore in Q3FY21 against Rs 182.3 crore in Q3FY20, revenue jumped to Rs 2,118.2 crore from Rs 1,696 crore YoY.
Berger Paints | The company reported higher consolidated profit at Rs 274.8 crore in Q3FY21 against Rs 182.3 crore in Q3FY20, revenue jumped to Rs 2,118.2 crore from Rs 1,696 crore YoY.

KRChoksey has come out with its third quarter (October-December’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Berger Paints to report net profit at Rs 218.9 crore down 1.6% year-on-year (up 23.6% quarter-on-quarter).

Net Sales are expected to increase by 12 percent Y-o-Y (up 6.6 percent Q-o-Q) to Rs 222.5 crore, according to KRChoksey.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.5 percent Y-o-Y (up 7.2 percent Q-o-Q) to Rs 354 crore.

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