Berger Paints India reported a steady Q2 performance despite weak demand, posting consolidated revenue of ₹2,827.5 crore, up 1.9% year-on-year. However, EBITDA fell 18.9% to ₹352.3 crore, and net profit declined 23.5% to ₹206.4 crore.
For the first half of FY26, revenue grew 2.8% to ₹6,028.3 crore, while EBITDA and net profit dropped 7.9% and 16.4% respectively. Managing Director & CEO Abhijit Roy attributed the slowdown to extended monsoons, lower exterior product sales, and higher brand investments, though he noted improved market share and healthy volume growth.
Segments such as waterproofing, construction chemicals, and wood coatings continued to perform well, while automotive and powder coatings saw mid-single-digit growth. Subsidiaries like BJN Nepal faced pricing pressures despite moderate sales growth.
Roy expressed optimism about stronger domestic demand in the coming months and reaffirmed the company’s focus on network expansion, innovation, and brand building to sustain long-term growth.