Berger Q3 Results: Profit declines 1.4% to Rs 295 crore, revenue up 3.2%

Paint maker Berger Paints reported a 1.4% year-on-year decline in net profit for the quarter ended December at Rs 295.97 crores amid tough demand conditions. The company attributed it to the impact of price reductions in prior quarters, currency depreciation and inventory impact of monomer price…