Berger Paints India Ltd on Wednesday reported an 18.1% rise in consolidated net profit for the quarter ended March 31, 2025, supported by robust growth in its decorative and industrial segments and improved margins despite a challenging market environment.
The company’s consolidated net profit stood at ₹262.9 crore, up from ₹222.6 crore in the same period last year. Revenue from operations rose 7.3% year-on-year to ₹2,704 crore, while EBITDA (excluding other income) jumped 21.9% to ₹427.8 crore.
The performance was driven by high single-digit volume growth in the decorative paints segment and a sequential uptick in value growth, aided by easing impacts of past price reductions and momentum in premium emulsions. Berger also gained market share in its decorative segment despite intensifying competition.
“Tough market conditions continued with muted urban demand and heightened competition, yet we achieved strong volume growth and improved value performance,” said Abhijit Roy, Managing Director & CEO of Berger Paints. He highlighted that the company recorded its highest gross margin in 12 quarters, supported by disciplined cost management.
Berger’s operating margin increased by a robust 19.8% in Q4. The company also reported zero gross debt and a further improvement in its net cash position by the quarter-end.
In the standalone results, net profit rose 30.5% year-on-year to ₹236.9 crore, while revenue grew 4.4% to ₹2,347.5 crore.
For the full fiscal year, Berger’s consolidated net profit rose 1.1% to ₹1,182.8 crore. Annual revenue grew 3.1% to ₹11,544.7 crore. However, EBITDA for FY25 remained largely flat, down 0.3% at ₹1,856.1 crore.
The company reported robust growth in its waterproofing, construction chemicals, and wood coatings segments. Industrial business remained resilient, while international operations in Poland and Nepal contributed positively, with Nepal seeing a turnaround amid improved business conditions.
Looking ahead, Berger remains optimistic about demand recovery, citing supportive government spending, favorable budget measures, and expectations of a good monsoon. Stabilizing geopolitical conditions in neighboring regions are also seen as positive for business continuity.
Berger’s recent product launches, including Roof Kool & Seal and Tank Kool, have received strong market response. More launches are planned for the upcoming season as the company continues its focus on innovation and customer engagement.
