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06-Nov-2024

Berger Paints India

Tough quarter


'Net sales (including other operating income) of Berger Paints India has increased 0.26% to Rs 2774.61 crore. 

Operating profit margin has declined from 17.12% to 15.65%, leading to 8.33% decline in operating profit to Rs 434.18 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 52.45% to 51.43%.   Purchase of finished goods cost rose from 7.72% to 8.84%.   Employee cost increased from 6.66% to 7.59%.   Other expenses rose from 16.59% to 17.23%.  

Other income rose 38.09% to Rs 21.1 crore.  PBIDT fell 6.88% to Rs 455.28 crore.  Provision for interest fell 19.31% to Rs 17.01 crore.  Loan funds declined from Rs 1,154.17 crore as of 30 September 2023 to Rs 796.52 crore as of 30 September 2024.&...



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