Berger Paints India Limited, the second largest paint company in the country has presented its Q3 FY 2018-19 numbers today after market hours. The Company's revenues from operations, standalone basis, for the quarter ended 31st December 2018 was INR 1460.1 Cr as against INR 1206.3 Cr in the same corresponding quarter of the last year, representing an increase of 21% year-on-year basis. Revenues for last quarter (July-Sept '18) was INR 1330.45 Cr, registering 9.75% growth QoQ basis. EBIDTA
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PAINT Sector: Q1 - FY 2017-18 was bad for the India Paint sector. Click here to see Q4 Results. For the numbers, 4 companies out of 5 able to register improvements in the Revenue in April to June quarter of 2017-18 as compared to same period last year (1 fails to do so) while only 1 company able to register growth in Profits and 4 other fails to do so. The Common Parameters for such Dismal Performance for the Sector are (1) an upward trend in material prices which had an impact on
PAINT Sector: Q4 was somewhat better for the Paint sector. Click here for Q3 Results. Though India’s decorative business registered low double-digit growth in Q4, all the three paint companies posted good performance as far as revenues are concern - thanks to the good demand conditions in auto OEM and general industrial business. As far as numbers are concern, the profits of 2 companies were up in the range of 10% to 18%, while revenues were up for all the in the range between 7% to