Berger Paints India Limited announced its Q2 FY26 results, revealing a 1.9% increase in revenue to ₹2,827.5 crores. However, profit declined by 23.5% to ₹206.4 crores due to negative scale effects and adverse product mix. The company continues to focus on waterproofing and construction chemicals while navigating a volatile geopolitical situation. Growth in key segments remains a priority.
Q2 FY26 Consolidated Performance
Berger Paints India Limited reported revenue from operations of ₹2,827.5 crores for the quarter ended September 30, 2025, a 1.9% increase compared to ₹2,774.6 crores in the corresponding quarter of the previous year.
EBITDA (excluding other income) for Q2 FY26 stood at ₹352.3 crores, reflecting a decline of 18.9% from ₹434.2 crores in the same period last year.
Net profit for the quarter was reported at ₹206.4 crores, a 23.5% decrease from ₹269.9 crores in the corresponding quarter of the previous fiscal year.
Standalone Performance Highlights
On a standalone basis, revenue from operations for Q2 FY26 was ₹2,458.5 crores, up 1.1% from ₹2,430.7 crores in the corresponding quarter of the previous year.
Standalone EBITDA (excluding other income) for the quarter was ₹311.2 crores, a decrease of 18.8% compared to ₹383.4 crores in the same period last year.
Net profit for the quarter amounted to ₹176.3 crores, a 23.0% decline from ₹229.0 crores in the corresponding quarter of the previous year.
H1 FY26 Consolidated Results
For the half year ended September 30, 2025, Berger Paints reported consolidated revenue from operations of ₹6,028.3 crores, representing a 2.8% increase from ₹5,865.6 crores in the corresponding period of the previous year.
EBITDA (excluding other income) for the half year was ₹880.7 crores, a 7.9% decrease compared to ₹956.6 crores in the corresponding period of the last year.
H1 FY26 Standalone Results
On a standalone basis, revenue from operations for the half year ended September 30, 2025, was ₹5,321.1 crores, up 1.6% compared to ₹5,237.0 crores in the corresponding period of last year.
EBITDA (excluding other income) for the half year was ₹810.7 crores, a 6.5% decrease compared to ₹867.1 crores in the corresponding period of the previous year.
Net profit for the half year was ₹470.0 crores, a 12.1% decline compared to ₹534.5 crores in the corresponding period of last year.
Management Commentary
According to Abhijit Roy, Managing Director & CEO of Berger Paints India Limited, the extended monsoon season led to a muted demand scenario. Despite this, the company achieved high single-digit volume growth and a low positive revenue growth while improving its market share. He also noted that profitability was impacted by negative scale effect and adverse product mix.
The company continues to focus on key segments like waterproofing and construction chemicals, and is navigating a volatile geopolitical situation.
Source: BSE
