Berger Paints’ 9-month revenue tops Tk2,000cr for first time | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
June 17, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JUNE 17, 2025
Berger Paints’ 9-month revenue tops Tk2,000cr for first time

Stocks

TBS Report 
27 January, 2025, 10:40 pm
Last modified: 27 January, 2025, 10:43 pm

Related News

  • Paramount Textile posts 10% profit growth in Q3
  • New notes 'unrecognised' by ATMs and CRMs, blame game continues
  • 158 more irregular Bangladeshi migrants repatriated from Libya
  • Govt to formulate action plan to protect Sundarbans: Rizwana
  • Former Kushtia-1 MP Sarwar Jahan held in Basila

Berger Paints’ 9-month revenue tops Tk2,000cr for first time

Berger plans to issue 27.28 lakh shares at Tk1,110 each, including a premium of Tk1,100

TBS Report 
27 January, 2025, 10:40 pm
Last modified: 27 January, 2025, 10:43 pm
Berger Paints’ 9-month revenue tops Tk2,000cr for first time

Highlights

  • Revenue grows 8% to Tk2,052cr
  • Profit rises 8% to Tk247cr
  • Earnings per share stands at Tk53.26
  • Shares close at Tk1,806.40

Berger Paints Bangladesh Limited's revenue surpassed Tk2,000 crore during the first nine months of the company's accounting year, which begins in April, for the first time.

In a stock exchange filing yesterday, the multinational company reported that during the April-December period, its consolidated revenue stood at Tk2,052 crore, reflecting an 8% year-on-year increase. 

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The consolidated profit also rose by 8% to Tk247 crore, with earnings per share reaching Tk53.26.

Despite the company's positive business outlook, investors appeared unmoved, as its shares dropped by 0.52%, closing at Tk1,806 today at the Dhaka Stock Exchange.

Meanwhile, the multinational coatings manufacturer is in the process of issuing a rights offer to raise Tk303 crore for constructing its third factory in the National Special Economic Zone. 

According to the company, Berger plans to issue 27.28 lakh shares at Tk1,110 each, including a premium of Tk1,100. This proposal has already been approved by its shareholders during the annual general meeting held on 25 January.

There are also regulatory requirements to increase the free-float shares in the capital market, which prompted the company's sponsors and directors to opt out of the rights offer. 

In a disclosure, the company stated that to meet the 10% free-float share requirement, Berger's parent company, J&N Investments (Asia) Limited – which holds a 95% stake – will not participate in the rights offer.

A senior company officer told The Business Standard that under rights issue rules, J&N Investments is eligible to receive 23.18 lakh shares. However, these shares will instead be allocated to general shareholders, who will receive one rights share for every share held.

The remaining rights shares will be allocated to Berger's employees.

Earlier, in December 2023, the Bangladesh Securities and Exchange Commission (BSEC) exempted Berger Paints from issuing rights shares to its sponsors, directors, and investors holding 5% or more of the company's shares.

In October 2022, the company announced through the stock exchanges its plan to invest approximately Tk480 crore to establish a third factory, with the project expected to be completed by April 2025. 

However, it has now revised the project cost upward to Tk813 crore and has not declared a production commencement date.

A senior officer stated that the company plans to set up an "environment-friendly" factory in the economic zone. Construction work will begin once the required funds are secured.

At the third plant, Berger Paints intends to produce decorative paint, industrial paint, marine coatings, wood coatings, construction chemicals, adhesives, and automotive paints – all of which are in increasing demand in the market.

Berger Paints Bangladesh / revenue / Bangladesh

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographics: Duniya Jahan/TBS
    How Israel's secret nuclear arsenal comes under spotlight amid attacks on Iran
  • Acting Foreign Secretary Ruhul Alam Siddique speaks at a press conference, on the security of Bangladeshi expatriates in Iran, on Tuesday, 7 June 2025. Photo: TBS
    Around 400 Bangladeshis under serious threat in Tehran, relocation starts: MoFA
  • News of The Day, 17 JUNE 2025
    News of The Day, 17 JUNE 2025

MOST VIEWED

  • Former Bangladesh High Commissioner to the UK Saida Muna Tasneem. Photo: Collected
    ACC launches inquiry against ex-Bangladesh envoy Saida Muna, husband over laundering Tk2,000cr
  • Infograph: TBS
    Ship congestion at Ctg port lingers as berthing time rises
  • A view of Iranian missiles across the sky as seen by Biman pilot Enam Talukder. Photo: Enam Talukder
    Biman pilot witnessed Iran's missiles flying towards Israel
  • Power Division wants Tk56,000cr PDB loans turned into subsidy
    Power Division wants Tk56,000cr PDB loans turned into subsidy
  • BNP leader Ishraque Hossain held a view-exchange meeting with waste management officials and Dhaka South City Corporation staff inside Nagar Bhaban on 16 June 2025. Photos: Hasan Mehedi
    Ishraque holds Nagar Bhaban meeting as 'Dhaka South mayor', says it’s people’s demand
  • Bangladesh gains bigger share in US apparel market as China loses ground, sees 29% export growth in Jan-Apr
    Bangladesh gains bigger share in US apparel market as China loses ground, sees 29% export growth in Jan-Apr

Related News

  • Paramount Textile posts 10% profit growth in Q3
  • New notes 'unrecognised' by ATMs and CRMs, blame game continues
  • 158 more irregular Bangladeshi migrants repatriated from Libya
  • Govt to formulate action plan to protect Sundarbans: Rizwana
  • Former Kushtia-1 MP Sarwar Jahan held in Basila

Features

The Kallyanpur Canal is burdened with more than 600,000 kilograms of waste every month. Photo: Courtesy

Kallyanpur canal project shows how to combat plastic pollution in Dhaka

3h | Panorama
The GLS600 overall has a curvaceous nature, with seamless blends across every panel. PHOTO: Arfin Kazi

Mercedes Maybach GLS600: Definitive Luxury

1d | Wheels
Renowned authors Imdadul Haque Milon, Mohit Kamal, and poet–children’s writer Rashed Rouf seen at Current Book Centre, alongside the store's proprietor, Shahin. Photo: Collected

From ‘Screen and Culture’ to ‘Current Book House’: Chattogram’s oldest surviving bookstore

2d | Panorama
Photos: Collected

Kurtis that make a great office wear

4d | Mode

More Videos from TBS

News of The Day, 17 JUNE 2025

News of The Day, 17 JUNE 2025

2h | TBS News of the day
Rising default loans threaten jobs, growth, trade

Rising default loans threaten jobs, growth, trade

4h | TBS Insight
Trump signs order confirming parts of UK-US tariff deal

Trump signs order confirming parts of UK-US tariff deal

4h | TBS World
What’s the position of the superpowers in Iran-Israel war?

What’s the position of the superpowers in Iran-Israel war?

5h | Podcast
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net