Paints company Berger Paints (India) announced Q3FY25 results Revenue from Operations for Q3FY25 was Rs 2,975.06 crore as against Rs 2,881.83 crore in Q3FY24, representing an increase of 3.2%. EBITDA (excluding Other Income) for Q3FY25 was Rs 471.73 crore against Rs 480.04 crore in Q3FY24, representing a decline of 1.7%. Net Profit for Q3FY25 was Rs 295.97 crore as against Rs 300.16 crore in Q3FY24, representing a decline of 1.4%. Abhijil Roy, Managing Director & CEO of Berger Paints India, said: "The tough market conditions continued into the third quarter with muted urban demand and slowdown in a few key markets. In spite of this we were able to deliver high single digit volume growth in the quarter and also saw sequential uptick in both volume and value growth. The visible uptick in the industrial segments is a good indicator of a demand improvement cycle. In spite of the difficult market conditions, we are happy to report an improvement in our net cash position and continued improvement in our market share even in this quarter Though we did well on the volume growth front, the value of sales was lower due to the impact of the price drop taken in the prior quarters and stronger sale seen in the high volume, low value products. Profitability for the quarter, while healthy, had negative growth on the back of the impact of price reductions in prior quarters, currency depreciation and inventory impact of monomer price increase. We continue to register robust growth in the watetproojing, construction chemicals and wood coating segments. The industrial segment also saw improved performance, which bodes well for us in the months ahead On the international front, our operations in Poland and Nepal saw good topline performances with the Nepal operations seeing a turnaround on the back of improved business conditions and a low base. On the home front, we are happy to announce the completion of our iconic new corporate office in the shape of a can of pain! at New Tnwn, Kolkata. The new office was inaugurated on the 10th Feb 2025 and the occasion was graced by Dr. Shashi Panja, Cabinet Minister, Govt. of West Bengal. This new state-of the-art facility reflects our commitment and confidence in the development and growth of the paints & coatings industry. We thank our consumers, stakeholders and employees for their steady support and good wishes and pray for your continued support, blessing and encouragement in our journey of excellence, innovation and growth We remain optimistic about the demand scenario for the months ahead on the back of the favorable budget announcements, government .spending on infrastructure & development and a good monsoon season. The weaning of the price decrease impacl also augurs well for the months ahead. We look forward to introducing our customers and industry influencers to a slew of innovative products and services in the months ahead." Result PDF