Abhijit Roy, Managing Director & CEO, Berger Paints India
Paints major Berger Paints on Wednesday reported a 28.6 per cent year-on-year increase in its consolidated net profit to ₹405.01 crore for the first quarter this fiscal, backed by around 12 per cent y-o-y rise in revenue.The Kolkata-based company had posted a net profit of ₹315.04 crore for the first quarter last fiscal. Its revenue from operations in Q1FY27 rose to ₹3583.75 crore from ₹3200.76 crore in Q1FY26.EBITDA, excluding other income, for the first quarter this fiscal was ₹607.4 crore as against ₹528.4 crore in the corresponding quarter the last fiscal, representing an increase of 15 per cent y-o-y. Consolidated PBDIT margin expanded by around 40 basis points y-o-y.“The progressive demand improvement seen in the previous quarter continued into the first quarter of the year which enabled the achievement of a standalone value growth of 12.7 per cent for the quarter. The value growth outpaced volume growth on the back of the price increases with the full benefit to accrue going forward. Our performance this quarter was driven by strong growths both in Automotive and Decorative segments,” said Abhijit Roy, Managing Director & CEO, Berger Paints India.postive startRoy said it was a positive start to the new year in spite of the unsettled environment resulting from the conflict in West Asia which led to disruptions in the availability and prices of crude and impacted crude based raw materials.“This inflation in crude based materials led to some moderation in our gross margins. However, prudent financial control and improved efficiencies led to an operating profit margin slightly ahead of the guidance range and a strong PAT growth in excess of 25 per cent on a standalone basis and 29 per cent on consolidated basis,” he said.The company said its joint ventures continued to deliver strong growth in both revenue and profitability. Bolix, a wholly-owned subsidiary, reported flattish revenue during the quarter due to seasonal factors. However, profitability improved, driven by gross margin expansion. UK operations remained subdued.On the business outlook for the current financial year, Berger Paints said double-digit revenue growth expected to sustain, supported by the full-quarter impact of price increases in the second quarter, festive demand and distribution expansion. Operating margins is expected to remain within the guided range.Published on August 5, 2026
