ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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GUJARAT ALKALIES AND CHEMICALS-Expansion and Diversification

EPW Research Foundation BERGER PAINTS Excise Bonanza BERGER PAINTS (BP), manufacturer of decorative and industrial paints, has shown satisfactory results in 1993-94 with net sales going up by 22 per cent, operating profit by 15 per cent and net profit by an impressive 102 per cent. Net profit would have been even higher but for increase in taxation by 57 per cent and depreciation by 36 per cent and a 34 per cent fall in other income. The company declared a dividend of 25 per cent for the year against 20 per cent for the previous year.

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