In Q3, Berger Paints had 9.1% growth; in Q4 trends should be similar: Abhijit Roy

So I do not see anything majorly changing, of course, there is a very big player coming in in March-April and that might shift a little bit in terms of the growth rates but it is not going to be a very tangible effect on the overall revenue or profit growth."ETMarkets.com"Operating.

Abhijit Roy, MD & CEO, Berger Paints, says while the uptick has been more on the value side, there has been some uptick during November, December, January more towards the luxury category..

Is that a bit of a worry in terms of retaining market share, overall margins and do you think that will change the industry share or cost structures, would you maybe prioritise your margins over market share in this scenario?..

However, as we have said in the analyst meet yesterday also we would prefer to prioritise market shares and remain in the 15% to 17% operating margin range..

The cycle of the sector is that it is a big opportunity with 15-17% margin on the higher side and hence you are seeing more players in the building material side also looking at this space..

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