Berger Paints India Posts Double-Digit Growth as Q1 Consolidated Net Profit Climbs 28.6%
Mumbai, August 6, 2026: Berger Paints India Limited has reported a strong financial performance for the first quarter ended June 30, 2026, delivering double-digit top-line and bottom-line growth driven primarily by its Decorative and Automotive segments. Consolidated revenue from operations for the April–June quarter rose 12.0% to Rs 3,583.8 crore, compared to Rs 3,200.8 crore in the corresponding period of the previous year. Consolidated net profit reached Rs 405.0 crore, marking a 28.6% increase over the Rs 315.0 crore recorded in Q1 last year, while EBITDA (excluding other income) grew 15.0% to Rs 607.4 crore from Rs 528.4 crore, Berger Paints said in a press release.
On a standalone basis, the company achieved revenue from operations of Rs 3,226.7 crore, up 12.7% from Rs 2,862.6 crore in the same quarter last fiscal year. Standalone net profit surged 25.5% to Rs 368.7 crore compared to Rs 293.8 crore in Q1 last year, while standalone EBITDA (excluding other income) rose 12.6% to Rs 562.2 crore from Rs 499.5 crore. Growth was supported by strong performances across core business divisions, new product rollouts including “Kolor Plus” and the Metallics range, as well as robust momentum in joint ventures Berger Becker and Berger Nippon.
Commenting on the quarterly performance, Abhijit Roy, Managing Director & CEO of Berger Paints India Limited, said, “The progressive demand improvement seen in the previous quarter continued into the 1st quarter of the year which enabled the achievement of a Standalone value growth of 12.7% 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.”
Addressing the broader macroeconomic environment and margin dynamics, Roy noted, “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% on a Standalone basis and 29% on consolidated basis.”
Highlighting key business drivers and segment trends, Roy explained, “Our key focus segments of waterproofing, construction chemicals and wood coatings continued to register healthy growths supported by the new launches of ‘Kolor Plus’ and the Metallics range in the premium segment. Network expansion and growth in low market share Urban markets continued to improve generating consistent value on these investments.”
Elaborating on industrial divisions and outlook across product categories, Roy said, “The strong automotive segment performance following the GST cuts and lower financing costs continued into this quarter also driving this sector forward. The remaining industrial segments only realized partial gains from their price increases which were implemented towards the end of the quarter and this led to lowered growth rates. However these gains will register fully in the second quarter which will likely bump up profitability and revenue growths for the company.”
Looking ahead to market demand and macro risks, Roy added, “Our JV’s Berger Becker and Berger Nippon delivered strong growth this quarter. Subsidiary companies performed as per expectations. The gradual improvement in domestic demand indicators across segments, markets and the monsoon progressing better than initially anticipated are positive indicators for the months ahead. Forex volatility, geopolitical uncertainty continue to pose near-term margin risks on both supply disruptions and raw material inflation.”
Concluding his remarks on strategic priorities and brand initiatives, Roy stated, “At Berger Paints our efforts will remain focused on network expansion, product & service innovation and brand building aimed at improving value for our investors and stakeholders. A new corporate advertisement reflecting the resilience of our products and colors with the tag line ‘Jaise Bhi Ho Din, Rang Bana Rahe’ reflecting functional durability and resilience of our products on every wall & the resilience of the human spirit to face adversity and come out a winner has been released.”
