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BERGER PAINTS declares the total dividend for 2019 – 2020 aggregates to Rs. 2.20 (220%) per equity share of Re. 1/

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Express Painting-The Hassel Free Way By Berger Paints
Express Painting-The Hassel Free Way By Berger Paints

Financial Results for the year and quarter ended 31st March, 2020

Highlights of the Consolidated Quarterly Results:

  1. Revenue from Operations for the quarter ended 31st March 2020 was Rs. 1354.8 crores as against Rs. 1472.1 crores in the corresponding quarter of the last year.
  • EBIDTA (excluding other Income) for the quarter ended 31st March,2020 was Rs. 208.4 crores as against Rs. 225.6 crores in the corresponding quarter of the last year.
  • Net Profit for quarter ended 31st March 2020 was Rs. 103.2 crores as against Rs. 110.4 crores in the corresponding quarter of last year.

Highlights of the Standalone Quarterly Results:

  1. Revenue from Operations for the quarter ended 31st March 2020 was Rs.1174.9 crores as against Rs. 1352.7 crores in the corresponding quarter of the last year.
  • EBIDTA (excluding other Income) for the quarter ended, 31st March 2020 was Rs. 190.9 crores as against Rs. 216.5 crores in the corresponding quarter of the last year.
  • Net Profit for the quarter ended 31st March 2020 was Rs. 194.7 crores as against Rs. 86.4 crores in the corresponding quarter of the last year. The net profit for quarter ended 31st March 2020 included Rs. 100.1 crores as other income from dividend.

Highlights of the Consolidated Yearly Results:

  1. Revenue from Operations for the year ended 31st March 2020 was Rs. 6365.8 crores as against Rs. 6061.9 crores in the corresponding year representing an increase of 5.0%.
  • EBIDTA (excluding Other Income) for the year ended 31st March 2020 was Rs. 1061.0 crores as against Rs. 935.5 crores in the corresponding quarter of the last year, representing an increase of 13.4% over the corresponding period of last year.
  • Net Profit for year ended 31st March 2020 was Rs. 656.1 crores as against Rs. 493.89 crores in the corresponding year, representing an increase of 32.8%.

Highlights of the Standalone Yearly Results:

  1. Revenue from Operations for the year ended 31st March 2020 was Rs. 5691.7 crores as against Rs. 5515.5 crores in the corresponding year, representing an increase of 3.2%.
  • EBIDTA (excluding Other Income) for the year ended, 31st March 2020 was Rs. 957.8 crores as against Rs. 862.6 crores in the corresponding quarter of the last year, representing an increase of 11.0% over the corresponding period of last year
  • Net Profit for the year ended 31st March 2020 was Rs. 699.1 crores as against Rs. 435.8 crores in the corresponding year, representing an increase of 60.4%. The net profit for the year ended 31st March 2020 included Rs. 100.1 crores as other income from dividend

The Board of Directors have recommended a final dividend of Re. 0.30 (30%) per equity share of Re. 1/- each for the financial year ended March 31, 2020. Together with the interim dividend of Rs. 1.90 (190%) per equity share paid on 16th March, 2020, the total dividend for the financial year ended 31st March, 2020 aggregates to Rs. 2.20 (220%) per equity share of Re. 1/- each. Final dividend is subject to approval of shareholders.

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