announced on Thursday that it plans to implement cost-efficiency measures and raise prices in November to safeguard its margins against and rising raw material expenses.




Although a steep increase in during the quarter hindered , the paint manufacturer still achieved a 5.2% rise in , driven by robust volumes in its international, construction chemical, and industrial divisions.



Also read:



Key details include:





  • Consolidated net profit for the quarter ended September 30 climbed to 2.17 billion rupees ($22.96 million), up from 2.06 billion rupees during the same period last year.

  • Revenue from operations grew 13.2% year-on-year, reaching 32 billion rupees.

  • Expenses surged 14.1%, outstripping revenue growth, driven by a 25.6% jump in raw material costs.

  • Near-term are expected to persist due to forex volatility, , and disruptions in raw material pricing and supply, according to the company.

Paint manufacturers continue to deal with unpredictable prices for crude-linked raw materials, which serve as a critical input for production.




Despite implementing significant price increases, Berger's industrial segment recorded high double-digit volume growth, though its margins continued to face downward pressure.

Contact to : xlf550402@gmail.com


Privacy Agreement

Copyright © boyuanhulian 2020 - 2023. All Right Reserved.