Berger Paints’ manufacturing facility in Uttar Pradesh commences operations, ET RealEstate

June 24, 2023

<p>Representative Image</p>
Representative Image

NEW DELHI: Berger Paints‘ fully automated manufacturing facility at Sandila, Hardoi, Uttar Pradesh has commenced its commercial production, the company informed in a BSE filing.

It is the largest manufacturing facility of the company in India with capability to produce 15,000 KUMT per month of water-based paint, 4,800 KL per month of solvent-based paint, 7,000 MT per month of putty, 6,000 MT per month of construction chemicals, 2,000 MT per month of resin and 6,000 MT per month of emulsion under one roof.

The company has made an investment of more than Rs 1,000 crore for setting-up the said manufacturing facility and it is expected to cater to the rising demand for the company’s products and bring down its cost of production, it said in the regulatory filing.

The company had reported a dip of 20.48 per cent in its net consolidated profit during the quarter ended December 31, 2022. Its profit after tax (PAT) stood at Rs 201.17 crore in Q3 FY23 as against Rs 252.97 crore it registered in the corresponding quarter of the previous year. Its net consolidated income stood at Rs 2,704.47 crore in Q3 FY23, a growth of 5.39 per cent from Rs 2,566.22 crore it recorded in the similar quarter last year.

  • Published On Feb 6, 2023 at 06:30 PM IST

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