Berger Paints India Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Berger Paints India Ltd reported a 7.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 3.3%.
- Its expenses for the quarter were up by 6.6% QoQ and 4.1% YoY.
- The net profit increased 9.7% QoQ and decreased 1.4% YoY.
- The earnings per share (EPS) of Berger Paints India Ltd stood at 2.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2995.30 | 2795.71 | 2900.77 | 7.1% | 3.3% |
Total Expenses | 2608.13 | 2446.42 | 2504.32 | 6.6% | 4.1% |
Profit Before Tax | 387.17 | 349.29 | 397.85 | 10.8% | -2.7% |
Tax | 98.44 | 88.25 | 97.69 | 11.5% | 0.8% |
Profit After Tax | 295.97 | 269.90 | 300.16 | 9.7% | -1.4% |
Earnings Per Share | 2.50 | 2.30 | 2.60 | 8.7% | -3.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Berger Paints India Ltd is a major player in the paints and coatings industry. The company provides a wide range of products including decorative paints, industrial coatings, and protective paints. It is well-known for its broad portfolio catering to both residential and commercial markets. The company operates in a highly competitive sector that includes both domestic and international competitors. Berger Paints has a strong market presence in India and continues to expand its footprint. Any recent major developments specific to Berger Paints India Ltd are not available from the provided data.
Revenue
In Q3FY25, Berger Paints India Ltd reported a total income of ₹2,995.30 crores, reflecting a quarter-over-quarter (QoQ) growth of 7.1% from ₹2,795.71 crores in Q2FY25. Year-over-year (YoY) growth was 3.3%, compared to ₹2,900.77 crores in Q3FY24. This indicates a steady increase in revenue over both the quarter and year periods. The company’s ability to generate income has shown resilience despite market conditions, as evidenced by the positive growth rates.
Profitability
The company’s profit before tax (PBT) for Q3FY25 was ₹387.17 crores, marking a 10.8% increase QoQ from ₹349.29 crores in Q2FY25. However, this is a slight decrease of 2.7% YoY from ₹397.85 crores in Q3FY24. The profit after tax (PAT) was ₹295.97 crores for Q3FY25, which is a 9.7% increase from the previous quarter's ₹269.90 crores, but a 1.4% decrease from the ₹300.16 crores reported in Q3FY24. The earnings per share (EPS) for Q3FY25 stood at ₹2.50, up 8.7% QoQ from ₹2.30, but down 3.8% YoY from ₹2.60. These figures suggest stable profitability, with some fluctuations compared to the previous year.
Operating Metrics
Total expenses for Q3FY25 were ₹2,608.13 crores, increasing by 6.6% QoQ from ₹2,446.42 crores in Q2FY25 and by 4.1% YoY from ₹2,504.32 crores in Q3FY24. The tax expense in Q3FY25 was ₹98.44 crores, which is 11.5% higher than the previous quarter's ₹88.25 crores and slightly up by 0.8% from ₹97.69 crores in Q3FY24. These metrics show that while expenses have risen, both quarterly and annually, the company has maintained a controlled increase in line with its revenue growth. This balance between rising income and expenses reflects operational stability in managing its cost base.
