Berger Paints Bangladesh's profit grew in the third quarter of the fiscal year 2024-25, while its cash flow deteriorated.

The leading paint manufacturer posted a profit of Tk 94.25 crore in the third quarter of FY25, marking an 11 percent year-on-year growth.

Shares of Berger declined 0.52 percent to Tk 1,806.40 yesterday at the Dhaka Stock Exchange.

The consolidated earnings per share (EPS) stood at Tk 20.32 for October-December 2024, up from Tk 18.30 in the same period of the previous year, according to its financial statements.

Berger also posted earnings growth in the first nine months of FY25, as its consolidated EPS for April-December rose to Tk 53.26 from Tk 49.38 in the same period of the previous year.

Berger Paints is a leading name in the paint industry; however, its cash flow declined.

The consolidated net operating cash flow per share (NOCFPS) plunged to Tk 18.46 for April-December 2024 from Tk 104.99 a year earlier.

The company said the NOCFPS significantly decreased compared to the same period last year, primarily due to higher import payments.