Berger Paints' 10-11% hikes neutralise raw material inflation; eyes Rs 20,000 cr by 2031
MD Abhijit Roy says staggered 10-11% price hikes have largely offset crude-led input cost pressure, with raw materials at 60% of cost base. Q4FY26 profit rose 27% YoY. No further hikes planned unless oil spikes. Odisha expansion on track; Panagarh plant on hold pending Bengal's industrial policy.
Berger Paints raised prices 10-11% to offset crude-driven raw material inflation, neutralising cost pressure. MD Abhijit Roy sees no further hikes unless oil rises, expansion in Odisha on track, Panagarh plant on hold pending Bengal industrial policy.