Berger Paints Q1 results: Net profit falls 11% to ₹315 crore, revenue up 3.6%

The revenue from operations for the quarter ended June 30, 2025, was ₹3,200.8 crore as against ₹3,091.0 crore in the corresponding quarter of the previous year, representing an increase of 3.6% year-on-year.

The company’s EBITDA (excluding other income) for the same period stood at ₹528.4 crore, compared to ₹522.4 crore in the first quarter of the last financial year, indicating a rise of 1.1% year-on-year.

Meanwhile, net profit for Q1 FY26 stood at ₹315.0 crore as against ₹354.0 crore in the corresponding quarter of the last year. This reflects a decline of 11% over the same period last year.

The paint company continued to gain market share in Q1, recording mid-single digit volume growth and positive value growth despite the early monsoon. On the other hand, EBIDTA improved on both a QoQ and YoY basis.

Berger Paints’ results for the quarter reflect an exceptional loss of ₹36.81 crores, caused by a fire at its regional distribution centre and warehouse in Barasat, Kolkata. The fire originated at another company’s premises and unfortunately spread to Berger’s facility. The loss is primarily related to damaged inventory and certain fixed assets. The insurance claim is currently being filed, and associated assessments are underway.

Commenting on the Q1 results, Abhijeet Roy, Managing Director and CEO of Berger Paints India Limited said, "This quarter saw sequential improvements in demand with month-on-month improvements being observed. The early onset of the monsoon played spoilsport this quarter. We were still able to deliver value growth higher than the listed industry players and continued to improve our market share.”

"The volume value gap this quarter is 3.6% as compared to 7% for the last fiscal. Profitability for the quarter was healthy delivering improvements both on QoQ and YoY basis in spite of increased competitive intensity. The performance of most of our subsidiaries & JVs like Berger Jenson & Nicholson (Nepal) Private Limited, Berger Becker Coatings Private Limited, Berger Rock Paints Private Limited, Berger Nippon Paint Automotive Coatings Private Limited, etc., were very promising registering strong value and profit growth while others like STP Limited and SBL Specialty Coatings Private Limited reported flatish growth," he further added.

Shares of Berger Paints ended 0.17% higher at ₹570.95 apiece on the NSE on Tuesday, August 5. The stock opened at ₹572.90 per share.

The company's market capitalisation stands at ₹66,771 crore.

The stock has increased by 0.18% in the last five days. Over the last one month, it has dropped by 2.36%. In the last six months, the stock has increased by 19.36%, while the year-to-date hike stands at 24.81%.

The stock touched its 52-week high of ₹629.5 apiece on the NSE on September 17, 2024 and it hit its 52-week low of ₹437.75 on December 30, 2024.