'Berger
Paints India consolidated net sales increased 6.99% to Rs 2881.83 crore in
Q3FY24 compared to Q3FY23. Operating profit margin has jumped from 12.98% to
16.66%, leading to 37.29% rise in operating profit to Rs 480.04 crore. Raw material cost as a % of total sales (net
of stock adjustments) decreased from 52.43% to 47.89%. Purchase of finished goods cost fell from
9.95% to 8.36%. Employee cost increased
from 5.96% to 6.71%. Other expenses
rose from 17.58% to 19.30%.
Other
income rose 74.08% to Rs 18.94 crore.
PBIDT rose 38.40% to Rs 498.98 crore.
Provision for interest fell 33.60% to Rs 19.62 crore.
PBDT
rose 44.83% to Rs 479.36 crore.
Provision for depreciation rose 28.84% to Rs 82.91 cro...
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