Berger Paints slips 3% on posting Q1 results

Berger Paints slips 3% on posting Q1 results -

1) Berger Paints reported an 11 per cent year-on-year (Y-o-Y) decline in first-quarter net profit to ₹315.04 crore, as compared to ₹354.03 crore a year ago. 2) Revenue for the quarter under review came in at ₹3,200.76 crore, as compared to ₹3,091.01 crore a year ago, up 3.55 per cent. 3) Besides, the decorative segment delivered mid single-digit volume growth; the volume-value gap narrowed, driven by improved mix and waning impact of prior price corrections. 4) Gross margins remained stable across quarters inspite of increased competition. In Q1FY26, the gross margin stood at 40.1 per cent, 41.2 per cent in Q4FY25 and 39.3 per cent a year ago. 5) Berger Paints earnings call highlights: The company aims to remain at 15–17 per cent Earnings before interest, tax, depreciation and amortisation (Ebitda) margin range. In standalone, it is operating Ebitda margins is expected above 17 per cent. 6) erger Paints earnings call highlights: Recovery shall come post monsoon, which will aid in the pickup of value as well as volume growth momentum. Management expects 7–9 per cent volume growth postmonsoons. 7) Results are below expectations. All this is for information. This is not a buy/sell recommendation. Thank you, Technofunda24