Archive · 5 Aug 2025
Paint Companies Report Q1 Profit Declines in India
Two major paint companies in India, Berger Paints and Kansai Nerolac, reported their profits for the first three months of the year.
Berger Paints saw its profit go down due to a fire at one of its locations and early monsoon.
Kansai Nerolac also saw a drop in profit, influenced by early monsoon impacts and market competition.
Both companies' sales went up, but not as much as expected, and are impacted by market trends.
Berger Paints' Q1 net profit declined by 11% to ₹315 crore.
Kansai Nerolac Paints' Q1 net profit decreased by 4.12% to ₹215.6 crore.
Berger Paints' revenue from operations increased by 3.6% to ₹3,201 crore.
Kansai Nerolac Paints' revenue from operations rose by 1.35% to ₹2,162.03 crore.
Both companies cited various factors, including monsoon and market dynamics, impacting their performance.
- Who
- Berger Paints India Ltd and Kansai Nerolac Paints Ltd
- What
- Both Berger Paints and Kansai Nerolac Paints reported a decline in net profit for Q1 FY26, while revenue saw marginal growth.
- When
- Quarter ended June 30, 2025 (Q1 FY26).
- Where
- India
- Why
- Exceptional loss from a fire, the early onset of the monsoon and market dynamics impacted profitability for both companies.
Market Performance
Financial Results
Impact of Market Dynamics and Environmental Factors
Market Performance
Berger Paints saw a profit decline of 11% due to fire and monsoon, however delivered value growth higher than industry peers.
Financial Results
Kansai Nerolac’s demand in Decorative market showed revival though impacted by early monsoon, and automotive performed better driven by initiatives.
- Berger Paints Net Profit (Q1 FY26)
- ₹315 crore
- Berger Paints Net Profit Decline (YoY)
- 11%
- Berger Paints Revenue (Q1 FY26)
- ₹3,200.76 crore
- Berger Paints Revenue Growth (YoY)
- 3.6%
- Kansai Nerolac Net Profit (Q1 FY26)
- ₹215.6 crore
- Kansai Nerolac Net Profit Decline (YoY)
- 4.12%
- Kansai Nerolac Revenue (Q1 FY26)
- ₹2,162.03 crore
- Kansai Nerolac Revenue Growth (YoY)
- 1.35%
Sources
Akzo Nobel Indias quarterly profit drops on weak retail demand
Akzo Nobel India announces its highest dividend with Q1 earnings
Akzo Nobel India Q1 net profit shrinks over 20% to ₹91 crore on weak retail demand
Dividend stock Akzo Nobel share price jumps 4% after announcement of ₹156/share dividend. Record date, other details
Kansai Nerolac Paints Q1 FY26 results: Profit drops by 4.3 %, revenue growth remains tepid
Kansai Nerolac Paints Q1 FY26 results: Profit drops by 4.3 %, revenue growth remains tepid
Akzo India Q1 net profit dips 21% to ₹91 crore on tepid demand, heightened competition
Berger Paints Q1 Results: Exceptional loss weighs on profit; volume-value gap improves
Berger Paints’ Q1 profit slips by 11%, revenue at Rs 3,200 crore
Kansai Nerolac Paints Q1 profit down 4% to ₹215.6 cr