Berger Paints India reported a fourth quarter net profit of Rs 44 crore, against Rs 45 crore in the corresponding quarter of FY’12.
Net sales for the quarter were Rs 806 crore (Rs 742 crore). For whole year, net sales grew 14 per cent to Rs 3,013 crore (Rs 2,652 crore).
Net profit after tax improved by 19 per cent to Rs 210 crore (Rs 177 crore).
The Berger board on Thursday recommended a dividend of Rs 1.80 a share (or 90 per cent).
The stock closed at Rs 241.90 on the BSE, down 0.66 per cent.