'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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(08-Nov-2024)
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