ResultsEconomic Times
Berger Paints Q2 profit rises 5% on higher costs
Positive+9Company event
GreyOak summary
Berger Paints India reported a 5% year-on-year increase in consolidated net profit to ₹217.1 crore for the September quarter. Revenue grew 13.2% to ₹3,200.4 crore, but margins were squeezed by rising raw material costs and increased advertising expenditures. The company implemented staggered price hikes to counter sustained inflation.
What it affects
- Berger Paints (I)BERGEPAINTPositive +9
Profit rose 5% while margins squeezed by costs.Rolling sentiment Neutral 0
Source
Read the original at Economic TimesMore Berger Paints (I) news
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