Berger Paints Reports Q2 Profit Dip

08 Nov 2024 CW Team

Berger Paints India posted a 7.61% decline in net profit for Q2 FY25, impacted by higher raw material costs and a challenging economic environment. The company's profit after tax fell to Rs.221.5 crore compared to Rs.239.8 crore in the same period last year, marking a notable dip for the paint manufacturer amidst fluctuating market conditions.

Revenue for the quarter, however, showed resilience with a 5.3% increase, reaching Rs.2,568.9 crore, driven by steady demand in urban and semi-urban regions. Despite revenue growth, margins were under pressure due to rising input costs, primarily in raw materials such as titanium dioxide and packaging expenses, which have seen price hikes globally. Berger Paints noted that while there has been an increase in decorative and industrial paint sales, it has been offset by the strain on profitability.

To mitigate future cost impacts, Berger Paints is implementing strategic cost-cutting measures and focusing on operational efficiencies. Additionally, the company is exploring price adjustments in its product lines to pass on a portion of the cost burden to end consumers, though it remains cautious of demand sensitivity. Berger Paints also aims to expand its product range in the premium paint segment and strengthen its supply chain to better manage costs.

The Indian paint industry continues to experience demand, driven by housing and infrastructure growth, yet companies face headwinds from cost volatility. Berger Paints remains optimistic about the long-term outlook and aims to maintain growth momentum by leveraging its distribution network and investing in sustainable and high-quality product innovations.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..