Berger Paints Q3: Profit Dips 8.1% Despite Strong 8.5% Volume Growth

• Berger Paints India Ltd reported an 8.1% year-on-year decline in net profit to ₹271.1 crore for the December quarter.
• Revenue remained largely flat at ₹2,984 crore, a marginal 0.3% increase year-on-year.
• Standalone volumes grew robustly by 8.5%, driven by recovering demand after a weak October.
• Gross margins reached a 15-quarter high due to input cost moderation, but EBITDA margins were pressured by operating leverage and brand investments.
• The company expects improved performance in coming months, focusing on network expansion, innovation, and brand building.