🔴 Key Highlights from Berger Paints’ Q1 FY25-26 Results
📉 Profit Decline: Net profit fell 11% YoY to ₹315 crore (vs. ₹354 crore in Q1 FY24-25). 💰 Revenue Growth: Revenue rose 3.5% YoY to ₹3,200.76 crore (vs. ₹3,091.01 crore). 🌧️ Monsoon Impact: Early & heavy rains in May-June hurt sales volume growth. 🔥 Fire Incident: An exceptional loss of ₹36.81 crore due to a fire at Kolkata warehouse. 📈 Market Share Gains: Despite challenges, Berger improved its market share.
Unusually heavy rains in May-June slowed down construction and painting activities.
CEO Abhijit Roy confirmed that demand was weaker due to weather disruptions.
2. Fire at Kolkata Warehouse
A fire at a Barasat distribution centre caused ₹36.81 crore loss.
The blaze spread from a neighboring company’s facility, damaging Berger’s inventory.
Insurance claims are under process, but the loss impacted quarterly profits.
3. Rising Costs
Total expenses increased 4.11% YoY to ₹2,780.81 crore.
Raw material costs and operational expenses weighed on margins.
🚀 Silver Lining: Berger Still Gained Market Share!
Despite the profit drop, Berger Paints: ✔ Outperformed industry players in value growth. ✔ Reduced volume-value gap to 3.6% (vs. 7% last fiscal). ✔ Maintained strong brand presence in a competitive market.
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