Berger Paints Q2 profit rises 5% but misses estimates
In short
Berger Paints said its September-quarter profit rose 5% to ₹216.88 crore, but that was below analyst expectations. Revenue increased 13.2%, while gross margins narrowed because raw-material costs rose faster than prices.
So the company sold more, but higher costs squeezed how much it kept as profit.
What the reporting says
Berger Paints reported a 5% rise in September-quarter profit to ₹216.88 crore, but the result missed analyst estimates. Revenue grew 13.2%, while gross margins narrowed as raw-material costs rose faster than prices. The company’s quarter was supported by sales growth, but cost pressure weighed on profitability.
Why it matters
Berger Paints posted a 5% rise in September-quarter profit to ₹216.88 crore, but it still missed analyst estimates. Revenue climbed 13.2%, while gross margins narrowed because raw-material costs increased faster than prices. The result shows higher sales but weaker pricing power and margin pressure for the paint maker.