New Delhi: Highlights of the Consolidated Results for the Quarter ended on 31st March, 2011

Net Sales for the quarter ended on 31st March, 2011 was Rs. 587 crores as against Rs 478 crores in the corresponding quarter of the last year representing an increase of 23% over the corresponding period of last year.

Earnings Before Depreciation, Interest and Tax (EBDIT) for the quarter ended on 31st March, 2011 was Rs. 68 crores as against Rs 52 crores in the corresponding quarter of the last year representing an increase of 31% over the corresponding period last year.

Net profit for the quarter ended on 31st March, 2011 was Rs. 34 crores as against Rs. 27 crores in the corresponding quarter of last year representing an increase of 26% over the corresponding period of last year.

Basic Earnings Per Share improved to Re. 0.98 from Re. 0.77 in the previous quarter.

Performance (Consolidated) for the year ended on 31st March, 2011 For the financial year ended on 31st March, 2011, net sales grew by 23% to Rs. 2328 crores from Rs.1891 crores of last year. Net profits after tax improved by 25% to Rs 150 crores from Rs. 120 crores of last year.

Performance of Berger Paints India Limited on a Standalone basis for the quarter ended on 31st March, 2011

Net Sales for the quarter ended on 31st March, 2011 was Rs. 539 crores as against Rs. 435 crores in the corresponding quarter of the last year representing an increase of 24% over the corresponding period of last year.

Net profit for the quarter ended on 31st March, 2011 was Rs. 38 crores as against Rs. 29 crores in the corresponding quarter of last year representing an increase of 31% over the corresponding period of last year.

The Board recommended a final dividend of Re.0.80 per share (@ 40%) of face value of Rs.2/- each. This, together with an interim dividend of Re. 0.50 per share makes a total dividend of Rs.1.30 per share (@ 65%), as against Rs.1.10/- per share (@ 55%) on face value of Rs.2/- each for the last financial year.