Berger Paints India Q3 FY25 Results: Large cap firm's PAT slips by 1.4% to Rs 295.97 crore; revenue jumps to Rs 2,975 crore

Berger Paints India Ltd connected Tuesday reported a 1.4 per cent diminution successful consolidated nett net to Rs 295.97 crore successful the December 2024 quarter, impacted by terms cuts, muted municipality request and a slowdown successful a fewer cardinal markets.

The institution had posted a consolidated nett net of Rs 300.16 crore successful the 3rd 4th past fiscal, Berger Paints India Ltd said successful a regulatory filing.

Consolidated gross from operations successful the 4th nether reappraisal stood astatine Rs 2,975.06 crore against Rs 2,881.83 crore successful the corresponding play a twelvemonth ago, it added.

Total expenses successful the 4th stood astatine Rs 2,608.13 crore, up from Rs 2,504.32 crore successful the year-ago period, the institution said.

"The pugnacious marketplace conditions continued into the 3rd 4th with muted municipality request and a slowdown successful a fewer cardinal markets. In spite of this, we were capable to present precocious single-digit measurement maturation successful the 4th and besides saw a sequential uptick successful some measurement and worth growth," Berger Paints India Managing Director & CEO Abhijit Roy said.

While the institution did good connected the measurement maturation front, the worth of income was little owed to the interaction of the terms driblet taken successful the anterior quarters and stronger income seen successful the precocious volume, low-value products, Roy noted.

"Profitability for the quarter, portion healthy, had antagonistic maturation connected the backmost of the interaction of terms reductions successful anterior quarters, currency depreciation, and inventory interaction of the monomer terms increase," helium said, adding that the disposable uptick successful the concern segments is simply a bully indicator of a request betterment cycle.

On the outlook, Roy said, "We stay optimistic astir the request script for the months up connected the backmost of the favourable fund announcements, authorities spending connected infrastructure and improvement and a bully monsoon season. The weaning of the terms alteration interaction besides augurs good for the months ahead."