Berger Paints Q1 profit rises 29% as decorative paints lead growth
Berger Paints India reported June-quarter net profit of Rs 405 crore, up 29% year-on-year, as decorative paints recorded their strongest growth in 12 quarters. Revenue rose 12% to Rs 3,583.8 crore, while EBITDA increased 15% to Rs 607.4 crore.
Berger Paints India reported a 29% rise in June-quarter net profit to Rs 405 crore, driven by decorative paints and automotive demand. The company expects revenue momentum from price hikes, festive demand and distribution expansion, despite crude-material inflation moderating gross margins.
Why this matters
The result follows recent Berger Paints signals on a 12-quarter decorative-growth high, stronger Q2 demand, Q1 revenue growth and the addition of 10,000 tinting machines.
Retail-company signals are accelerating, up 165,200% QoQ.