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Berger Paints misses Q2 profit estimates as raw material inflation squeezes margins

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Summary

Berger Paints’ September-quarter profit rose 5% to ₹216.88 crore, missing analyst estimates as raw-material costs surged faster than prices. Revenue grew 13.2%, while gross margins narrowed. 

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    Berger Paints misses Q2 profit estimates as raw material inflation squeezes margins

    Berger Paints’ September-quarter profit rose 5% to ₹216.88 crore, missing analyst estimates as raw-material costs surged faster than prices. Revenue grew 13.2%, while gross margins narrowed. 

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