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    HomeNewsBusinessEarningsBerger Paints Q1 profit seen up 4% at Rs 124 cr, volume growth may be 4-5%

    Berger Paints Q1 profit seen up 4% at Rs 124 cr, volume growth may be 4-5%

    Analysts expect volume growth of 4-5 percent in Q1 against 7 percent growth in Q4FY17. Company hiked product prices by 5-5.5 percent in recent times.

    August 04, 2017 / 11:45 IST
    Asian Paints Ltd
       
       
      26 Aug, 2025 12:21
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      Berger Paints' first quarter profit is seen rising 3.5 percent year-on-year to Rs 124 crore and revenue may increase 10 percent to Rs 1,368 crore, according to average of estimates of analysts polled by CNBC-TV18.

      Operating profit is likely year-on-year to rise 4.5 percent to Rs 204 crore but margin may shrink 80 basis points to 14.9 percent in Q1 on higher input costs & trade discounts.

      Raw material - TiO2 prices (30-35 percent of cost of goods sold) increased 27 percent in Q1 YoY.

      Important to watch out for would be GST (Goods & Services Tax) impact.

      Analysts expect volume growth of 4-5 percent in Q1 against 7 percent growth in Q4FY17. Company hiked product prices by 5-5.5 percent in recent times.

      first published: Aug 4, 2017 11:44 am

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