---
title: "India's Berger Paints logs profit fall as unseasonal rains hurt demand"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274964013.md"
description: "India's Berger Paints reported an 8.1% drop in quarterly profit to 2.71 billion rupees due to unseasonal rains and a one-time charge from new labour laws. Revenues rose slightly by 0.3% year-on-year. CEO Abhijit Roy noted improved demand later in the quarter. Competitors like Asian Paints and Kansai Nerolac also faced profit declines linked to similar charges. Analysts had anticipated volume growth but cited competition and pricing pressures as challenges for the sector."
datetime: "2026-02-05T11:31:31.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274964013.md)
  - [en](https://longbridge.com/en/news/274964013.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274964013.md)
---

# India's Berger Paints logs profit fall as unseasonal rains hurt demand

Feb 5 (Reuters) - India's Berger Paints reported a quarterly profit drop on Thursday, as an extended monsoon ​season hurt demand, and a one-time charge tied to ‌the country's new labour laws also weighed.

Consolidated net profit for the quarter ‌ended December fell 8.1% on-year to 2.71 billion rupees ($30 million).

CEO Abhijit Roy attributed the decline to unseasonal rains in October and a short festive period, but said demand improved progressively over ⁠the rest of the ‌quarter. Revenues marginally rose 0.3% on-year.

The paintmaker took a hit of 533.1 million rupees due ‍to changes to the new labour laws.

For further earnings highlights, click here.

KEY CONTEXT

Analysts at Ambit Capital expected volume growth for paint companies during ​the quarter, but said a negative price mix and ‌heightened competition would pressure revenue.

Indian paintmakers have seen uneven profit trends in recent quarters, driven by a mix of demand conditions, cost pressures and other company-specific factors.

Competitors Asian Paints and Kansai Nerolac have both reported a fall in quarterly profit, ⁠weighed down by a one-time charges ​linked to the new labour laws.

PEER ​COMPARISON

Valuation Estimates Analysts'

(next 12 (next 12 sentiment

months) months)

RIC PE EV/E Pri Reve Prof Mea # of Stoc Div

BITD ce/ nue it n anal k to yiel

A Sal grow grow rat ysts pric d

es th th ing e (%)

\* targ

et\*\*

Berg 42. 26.4 NUL 8.76 14.1 Hol 21 0.86 0.79

er 18 5 L 3 d

Pain

ts

Indi

a

Ltd

Kans 23. 14.7 NUL 7.93 16.1 Hol 11 0.85 1.13

ai 62 5 L 1 d

Nero

lac

Pain

ts

Ltd

Asia 49. 32.6 NUL 6.91 10.7 Hol 35 0.89 1.02

n 08 4 L 8 d

Pain

ts

Ltd

Akzo 27. 17.9 NUL 2.42 19.3 Buy 2 0.81 3.46

Nobe 97 5 L 9

l

Indi

a

Ltd

\* The mean of analyst ratings standardised to a scale of Strong Buy, ‍Buy, Hold, ⁠Sell, and Strong Sell

\*\* The ratio of the stock's last close to analysts' mean price target; a ratio above ⁠1 means the stock is trading above the PT

OCTOBER-DECEMBER STOCK PERFORMANCE

\-- ‌All data from LSEG

\-- $1 = 90.3070 Indian rupees

​

​

​

​

(Reporting by Mridula ‌Kumar; Editing by Harikrishnan Nair)

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