Berger Paints Q2 revenue up, but profit falls significantly

For the quarter ended September 30, 2025, Berger Paints India reported consolidated revenue from operations of INR 2,827.5 crores, an increase of 1.9% compared to INR 2,774.6 crores in the corresponding quarter of the previous year. However, consolidated EBITDA (excluding other income) declined by 18.9% to INR 352.3 crores from INR 434.2 crores, and consolidated net profit fell by 23.5% to INR 206.4 crores from INR 269.9 crores. Standalone results mirrored this trend with revenue up 1.1% to INR 2,458.5 crores, but EBITDA (excluding other income) decreased by 18.8% to INR 311.2 crores, and net profit by 23.0% to INR 176.3 crores.

The half-year consolidated revenue from operations increased by 2.8% to INR 6,028.3 crores from INR 5,865.6 crores in the prior year's period. Consolidated EBITDA (excluding other income) for the half year declined by 7.9% to INR 880.7 crores from INR 956.6 crores, and net profit decreased by 16.4% to INR 521.4 crores from INR 623.9 crores. Standalone half-year revenue increased by 1.6% to INR 5,321.1 crores, while EBITDA (excluding other income) dropped by 6.5% to INR 810.7 crores, and net profit by 12.1% to INR 470.0 crores.

The company noted an exceptional item of INR 36.81 crores during the quarter ended June 30, 2025, due to a fire at a warehouse in Barasat, West Bengal, which impacted inventory and fixed assets. An insurance claim for this loss has been filed.