Berger Paints net dented by 13% in 2QFY2000 - Views on News from Equitymaster

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Berger Paints net dented by 13% in 2QFY2000

Nov 2, 1999

Paints major Berger has registered a 13% decline in its net profit to Rs 59 m during the second quarter period ending September 30, 1999. The decline was on the back a 19% growth in turnover to Rs 1.3 bn.

  2QFY2000 2QFY1999 Change
Sales 1,268 1,065 19.0%
Other Income 3 2 61.9%
Expenditure 1,008 805 25.3%
Interest 25 22 12.2%
Depreciation 16 11 45.0%
Profit before Tax 67 85 -21.4%
Tax 9 18 -51.7%
Profit after Tax 59 68 -13.2%
Net profit margin 4.6% 6.3%  

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