Berger Paints India Q4 profit up 27 pc at Rs 335 cr

New Delhi, May 12 (PTI) Berger Paints India Ltd on Tuesday reported a 27.52 per cent rise in consolidated net profit at Rs 335.25 crore for March quarter FY26 helped by improvement in product mix and softening of raw material prices.

The company had logged a profit of Rs 262.91 crore in the year-ago period, Berger Paints India said in a regulatory filing.

Revenue from operations in the quarter stood at Rs 2,868.03 crore as against Rs 2,704.03 crore a year ago. Total expenses were higher at Rs 2,499 crore as compared to Rs 2,380.55 crore.

“The progressive demand improvement seen in the previous quarter continued into the fourth quarter which enabled the achievement of a healthy volume growth of 11.8 per cent for the quarter. This growth was supported

by a qualitative improvement in mix and softening of raw material prices…” Berger Paints India Managing Director & CEO Abhijit Roy said.

The automotive segment performed strongly following the increased demand post GST cuts and lower financing costs. This was closely followed by the general industrial segment which also saw good growth, he added.

Protective and powder coatings registered improvements month-on-month indicating a recovery in growth levels towards the end of the quarter, Roy said.

In FY26, consolidated net profit was at Rs 1,128.02 crore as compared to Rs 1,182.81 crore in FY25, the company said.

On the outlook, Roy said the gradual improvement in domestic demand indicators across segments and markets, the sequential monthly uptick in demand are all positive indicators, and results in the months ahead are expected to reflect these movements.

“The calibrated price increase of over 11 per cent initiated in a staggered manner from end March 2026 is expected to support the gross margin amid rising raw material cost,” Roy said.

Forex volatility and geopolitical uncertainty continue to pose near-term margin risks on both supply disruptions and raw material inflation, he added.

Berger Paints said its board has recommended a dividend of Rs 4 per equity share of face value of Re 1 for financial year 2025-26 subject to approval of shareholders.

Besides, the board has approved re-appointment of Abhijit Roy as Managing Director & CEO for a further period of four years with effect from July 1, 2027, post completion of his present term on June 30, 2027. PTI RKL ANU ANU