The corporate’s EBITDA for the quarter was Rs 349.65 crore as towards Rs 392.11 crore within the corresponding quarter of final yr, representing a decline of 10.83%.
On a standalone foundation, the web revenue got here in at Rs 207.10 crore as towards Rs 220.29 crore within the corresponding quarter of final yr, representing 5.99% decline .
Berger Paints’ earnings per share through the quarter diminished to Rs 2.07 from Rs 2.6 within the December quarter of FY22. Forward of the announcement of the quarterly outcomes, the corporate’s shares ended 1.6% decrease at Rs 540.95.
The inventory is now buying and selling close to its 52-week low of Rs 534.55. Trendlyne information reveals that Berger Paints shares have ‘promote’ suggestions from 12 analysts and solely 5 name it a ‘purchase’.
The largecap firm had not too long ago appointed Kaushik Ghosh as the brand new vice-president.
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