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16-May-2024

Berger Paints India

Healthy double digit volume growth


'Consolidated net sales (including other operating income) of Berger Paints India has increased 3.14% to Rs 2520.28 crore.  Operating profit margin has declined from 15.09% to 13.92%, leading to 4.85% decline in operating profit to Rs 350.88 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 53.21% to 51.32%.   Purchase of finished goods cost rose from 8.01% to 8.90%.   Employee cost increased from 6.16% to 6.77%.   Other expenses rose from 17.93% to 19.39%.  

Other income rose 5.37% to Rs 15.88 crore.  PBIDT fell 4.45% to Rs 366.76 crore.  Provision for interest fell 39.11% to Rs 17.84 crore.  Loan funds declined from Rs 1,188.97 crore as of 31 March 2023 to Rs 753.29 crore as of 31 March 2024.<...



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