Overview
- Berger Paints posted a net profit of Rs 315 crore in Q1 FY26, marking an 11% year-on-year decline.
- Revenue grew by 3.5% to Rs 3,200 crore while EBITDA edged up 1.1% to Rs 528 crore.
- An exceptional Rs 36 crore loss from a fire at a Kolkata distribution facility weighed on quarterly results.
- Kansai Nerolac saw a 4.3% drop in net profit and a 6.7% contraction in EBITDA despite a 1.8% revenue increase.
- New entrants such as Birla Opus and JSW Paints have intensified decorative segment competition, accelerating shifts toward industrial paint lines.