homevideos Newsretail NewsDone with price hikes for now; expect growth in double digits: Berger Paints

Done with price hikes for now; expect growth in double digits: Berger Paints

Berger Paints is done with price hikes, for now, Abhijit Roy, MD & CEO, told CNBC-TV18. He further said that the company expects good profitability in Q4 of FY22.

By Sonia Shenoy   | Anuj Singhal   | Prashant Nair  Dec 9, 2021 3:27:03 PM IST (Updated)

Berger Paints is done with price hikes, for now, Abhijit Roy, MD & CEO, told CNBC-TV18. He further said that the company expects good profitability in Q4 of FY22.
According to him, there is good growth in the re-painting segment.
Also Read: As Asian Paints hikes prices, here’s what brokerages say

On crude, he said that the prices do impact the paint industry but not as much as it is believed. However, there is a strong influence of crude on certain key inputs, said Roy.