Berger Paints sees stronger Q2 demand as Q1 revenue rises 25%; adds 10,000 tinting machines
Berger Paints reported June-quarter revenue of Rs 3,584 crore and net profit of Rs 404 crore, aided by projects and construction chemicals. It expects 7.5%-8% volume growth in the September quarter, supported by favourable comparisons and pricing, while Morgan Stanley remains cautious with a Rs 429 target.
Berger Paints expects September-quarter growth to improve on favourable comparisons and price hikes. Q1 revenue and profit rose sharply, with projects and construction chemicals leading demand. The company targets high single-digit FY27 volume growth and plans 10,000 additional tinting machines.
Why this matters
The update follows Berger Paints' recent Q1 profit-growth signals, including a 12-quarter high in decorative growth, price-hike support and monsoon-demand optimism.
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