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

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.