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03-Nov-2023

Berger Paints India

Sales up 4%


'Consolidated net sales (including other operating income) of Berger Paints India has increased 3.61% to Rs 2767.3 crore.  Operating profit margin has jumped from 13.63% to 17.12%, leading to 30.14% rise in operating profit to Rs 473.65 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 57.41% to 52.45%.   Purchase of finished goods cost fell from 8.60% to 7.72%.   Employee cost increased from 5.78% to 6.66%.   Other expenses rose from 15.09% to 16.59%.

Other income rose 21.46% to Rs 15.28 crore.  PBIDT rose 29.85% to Rs 488.93 crore.  Provision for interest fell 12.60% to Rs 21.08 crore. 

PBDT rose 32.76% to Rs 467.85 crore.  Provision for depreciation rose 32....



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