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Berger Paints Q2 PAT seen up 1% YoY to Rs 223.3 cr: ICICI Direct

Net Sales are expected to increase by 19.5 percent Y-o-Y (up 15.8 percent Q-o-Q) to Rs 2,082 crore, according to ICICI Direct.

October 19, 2021 / 12:07 PM IST
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.

 
 
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ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Berger Paints to report net profit at Rs 223.3 crore up 1% year-on-year (up 59% quarter-on-quarter).

Net Sales are expected to increase by 19.5 percent Y-o-Y (up 15.8 percent Q-o-Q) to Rs 2,082 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.9 percent Y-o-Y (up 43.1 percent Q-o-Q) to Rs 341.4 crore.

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