Berger Paints India reports a significant rebound in its first-quarter results, with revenue and net profit surpassing initial estimates amid robust demand and product launches, despite rising input costs and geopolitical risks.
Berger Paints India said on Wednesday that its first-quarter results for the period to June 30 showed a sharp improvement, with growth led by its decorative and automotive businesses. The company’s latest release said consolidated revenue rose 12% year on year to ₹3,583.8 crore, while net profit climbed 28.6% to ₹405 crore and EBITDA increased 15% to ₹607.4 crore.
On a standalone basis, revenue advanced 12.7% to ₹3,226.7 crore and net profit rose 25.5% to ₹368.7 crore. Abhijit Roy, the managing director and chief executive, said in the company’s statement that demand improved through the quarter and that price increases helped lift value growth ahead of volume growth. He also said the business benefited from stronger sales in decorative paints and automotive coatings, alongside new product launches such as Kolor Plus and the Metallics range.
Roy said the company faced pressure from higher crude-linked input costs after disruption in West Asia, which moderated gross margins, although tighter financial control and efficiency gains helped keep operating profit slightly ahead of guidance. He added that waterproofing, construction chemicals and wood coatings performed well, while network expansion and gains in lower-share urban markets continued to support growth. The company also said its joint ventures Berger Becker and Berger Nippon delivered strong results.
The new update also sits alongside earlier reporting that painted a weaker picture of the same quarter, with Financial Express and Bajaj Finserv saying profit had fallen because of a ₹36.8 crore fire-related loss at one facility. Berger’s latest figures indicate that the quarter’s final outcome was materially stronger than those initial reports suggested, underscoring how much the company’s earnings have swung as pricing, product mix and cost pressures have evolved. Roy said domestic demand trends, a better-than-expected monsoon and continued brand investment should support the months ahead, although forex volatility and geopolitical uncertainty remain risks.
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