Berger Paints Profit Hit by Big Q1 Loss

Berger Paints India Ltd posted a mixed performance for the quarter ended June 30, 2025, with consolidated net profit declining 11% year-on-year to ₹315 crore, compared to ₹353.6 crore in the same quarter

last year.

The decline in profitability was also due to an exceptional loss of ₹36.81 crore following a fire incident at its regional distribution centre and warehouse facility in Barasat, Kolkata. The company said the fire originated from another firm’s premises and led to damage primarily to inventory and some fixed assets. An insurance claim is being processed.

Revenue from operations grew 3.6% YoY to ₹3,201 crore, while operating profit (EBITDA) rose marginally by 1.2% to ₹528.5 crore, as against ₹522 crore a

year ago.

EBITDA margin stood at 16.5%, slightly lower than 17% reported in Q1 FY25.

Commenting on the performance, Abhijit Roy, Managing Director & 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.”



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He added that the volume-value gap for the quarter narrowed to 3.6%, down from 7% in the previous fiscal, indicating pricing traction despite heightened competition.

“Profitability for the quarter was healthy delivering improvements both on QoQ and YoY basis in spite of increased competitive intensity.”

The company registered robust growth in focus segments like waterproofing, construction chemicals, and wood coatings. The

industrial segment was led by the automotive division with healthy growth in both revenue and profitability.

On subsidiaries and JVs, Berger Jenson & Nicholson (Nepal), Berger Becker Coatings, Berger Rock Paints, and Berger Nippon Paint Automotive Coatings posted strong growth, while STP Ltd and SBL Specialty Coatings reported flattish numbers.

Looking ahead, Roy acknowledged macro uncertainties: “The volatile geopolitical situation and uncertainty resulting from the international tariff negotiations

are potential risk factors going forward. As an organisation, Berger Paints will continue its efforts of consistent thrust on innovation and brand distinctiveness to navigate our way onward and forward.”

Post earnings, shares of Berger Paints were trading at ₹571 on the NSE, up 0.18% at 3:11 PM.