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Berger Paints India reported an 18 per cent year-on-year rise in consolidated net profit to Rs 262.91 crore for the quarter ended March 31, 2025, driven by healthy volume growth across segments. The company had posted a net profit of Rs 222.62 crore in the same period last fiscal, it said in a regulatory filing on Wednesday.

Revenue from operations rose to Rs 2,704.03 crore, up from Rs 2,520.28 crore in Q4FY24. Total expenses increased to Rs 2,380.55 crore from Rs 2,274.13 crore a year ago.

During the quarter, overall sales volume grew 7.4 per cent, led by strong performance in the decorative segment, which posted high single-digit volume growth. Berger said value growth also improved sequentially, supported by a better product mix and a marginal price hike.

In its investor presentation, the company highlighted that protective coatings sustained positive momentum throughout the quarter, automotive coatings saw stable growth aided by favourable demand trends, while general industrial and powder coatings recorded muted growth.

Market Challenges Persist

“The tough market conditions continued into the fourth quarter with muted urban demand and increased competition intensity. Despite this, we were able to deliver high single-digit volume growth,” said Abhijit Roy, Managing Director & CEO of Berger Paints.

He noted a sequential improvement in value performance, with a narrowing gap between volume and value growth, driven by the easing impact of earlier price cuts and traction in premium emulsions. Roy also pointed to visible recovery across industrial and decorative segments, calling it a positive indicator of a broader demand revival.

FY25 Performance And Outlook

For the full financial year ended March 31, 2025, Berger Paints reported a consolidated net profit of Rs 1,182.81 crore, marginally up from Rs 1,169.82 crore in FY24. Revenue from operations for FY25 stood at Rs 11,544.71 crore, compared to Rs 11,198.92 crore the previous year.

Looking ahead, Roy expressed cautious optimism and said, “We remain optimistic about the demand scenario for the months ahead on the back of the favourable budget announcements, government spending on infrastructure and development, and a good monsoon season. The strained geopolitical conditions in the immediate neighbourhood seem to have stabilised, which hopefully will continue.”