Berger Paints Q4 profit seen up 57%, volume growth may be 11-12%

Berger Paints' fourth quarter profit is likely to jump 57 percent year-on-year to Rs 91 crore and revenue is seen rising 8.6 percent to Rs 1,110 crore, according to average of estimates of analysts polled by CNBC-TV18.

Operating profit (EBITDA - earnings before interest, tax, depreciation and amortisation) may grow 30.6 percent to Rs 158 crore and margin may expand 260 basis points to 14.2 percent YoY.

Analysts see gross margin expansion of 225 basis points and expect continued benefits from lower input cost. They see Lower interest out go and higher other income. Lower tax expenses are likely to support bottomline further.

Decorative paint volumes may be in low double digits. Analysts expect growth of 11-12 percent in volumes, led by advertised products and healthy growth in economy segment.