BSEBoard Meeting5d ago · 5 Nov 2026, 02:42 pm
Please find attached letter dated 5th November, 2026
Berger Paints India Ltd · 509480
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Berger Paints India Ltd has announced its unaudited financial results for the quarter and half year ended 30.09.2026. The company's revenue from operations was Rs. 2,750.06 crore for the quarter and Rs. 5,976.74 crore for the six months, with other income being Rs. 31.13 crore for the quarter and Rs. 70.27 crore for the six months. The unaudited statement of profit and loss for the quarter and six months ended September 30, 2026, has been prepared in accordance with Indian Accounting Standard 34 and other accounting principles generally accepted in India.
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Balance Sheet Risk5/10
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Market Sentiment5/10
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Berger Paints India Ltd - 509480 - Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended 30.09.2026
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Sub : Unaudited (Standalone and Consolidated) Financial Results of the Company for
the quarter and half year ended on 30thS eptember, 2026
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Thankyionug.
Youfrasi thfully,
FoBrER GER PAINTS INDIA LIMITED
Encalsa. b:o ve
BERGPEARI NITNSDL IIAM ITED
RegistOeredffice :Berger House, 129P,ack -Street. Kolkata-7000 1P7hone,: 2229 9n4-222286009,5--06 , Fax9:1 -339-009/92274_92www 9 :,ber gerpaints.com
Corporate Office :C F--4ADb1, Area -1PCr,e miseNso0 .2,--0 1N7ewT3 O'Ml,, Ra jarhal Kolkat�aa� t'Ne.s tB eng•a7 l00 156I,nd ia
CI.NL 51434WB1923PEL-mCa:con0i s04lum7e9r3f,eed back@bergennd1a.com
BSR & C oL.L P Godrej Waterside, Unit No. 603
6th Floor, Tower 1, Plot No 5, Block -DP
Sector V, Salt Lake, Kolkata -700091
Chartered Accountants
Tel: +91 33 4035 4200
Fax: +91 33 4035 4295
Limited Review Report on unaudited standalone financial results of Berger Paints
India Limited for the quarter ended 30 September 2026 and year to date results for
the period from 01 April 2026 to 30 September 2026 pursuant to Regulation 33 of
Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended
To the Board of Directors of Berger Paints India Limited
1. We have reviewed the accompanying Statement of unaudited standalone financial results of Berger
Paints India Limited (hereinafter referred to as "the Company") for the quarter ended 30 September
2026 and year to date results for the period from 01 April 2026 to 30 September 2026 ("the
Statement").
2. This Statement, which is the responsibility of the Company's management and approved by its Board
of Directors, has been prepared in accordance with the recognition and measurement principles laid
down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under
Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India
and in compliance with Regulation 33 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations").
Our responsibility is to issue a report on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the
Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial
information consists of making inquiries, primarily of persons responsible for financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with Standards on Auditing and consequently does not enable
us to obtain assurance that we would become aware of all significant matters that might be identified
in an audit. Accordingly, we do not express an audit opinion.
4. Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying Statement, prepared in accordance with the recognition and measurement
principles laid down in the aforesaid Indian Accounting Standard and other accounting principles
generally accepted in India, has not disclosed the information required to be disclosed in terms of
Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it
contains any material misstatement.
For B S R & Co. LLP
�hartereAdc countants
Firm's Registration No� 248W/W-100022
Partner
Kolkata Membership No.: 055757
05 November 2026 UDIN:26055757OMNEPH5825
Registered Office
BS R & Co. (a partnership firm 'Nith Registration No. BA61223) converted into BS R & Co. LLP (a 14th Floor, Central B IMng and North C 1Mng, Nesco IT Park 4, Nesco
Limited Liability Partnership with LLP Registratron No. AAB·8181) with effect from October 14, 2013 Center, Western Express Highway, Goregaon (East), Mumbai• 400063
Page 1 of 1
BERGER PAINTS INDIA LIMITED
CIN : L51434WB1923PLC004793
UNAUDITcD STANDALONE STATcMENT OF PROFIT AND LOSS FOR THE QUARTER AND SIX MONTHS ENDED SEPTcMBER 30, 2026
Rs in crores
For the year
For the quarter ended For the six months ended
ended
SrP articulars 30.09.203206. 06.203206. 09.203205. 09.203206. 09.203215. 03.2026
Unaudited Unaudited Unaudited Unaudited Unaudited Audited
l Income
(a) Revenue from operations 2,750.06 3,226.68 2,458.47 5,976.74 5,321.09 10,420.10
(b) Other income 31.13 39.14 23.47 70.27 51.00 192.87
Total income 2,781.193 ,265.822 ,481.946 ,047.015 ,372.0190 ,612.97
2 Expenses
(a) Cost of materials consumed 1,660.18 1,747.59 1,315.82 3,407.77 2,649.68 5,222.80
(b) Purchases of stock-in-trade 298.78 300.25 240.70 599.03 497.98 1,017.79
(c) (lncrease)/decrease in inventories of finished goods, stock-in-trade and (216.60) (88.55) (70.46) (305.15) 53.94 (69.30)
work-in-progress
(d) Employee benefits expense 183.29 180.30 182.55 363.59 342.59 667.02
(e) Finance costs 13.70 9.96 13.81 23.66 25.17 45.60
(f) Depreciation and amortisation expense 96.79 91.11 85.92 187.90 168.98 345.63
(g) Other expenses 526.87 524.87 478.67 1,051.74 966.22 1,895.22
Total expense 2,563.012 ,765.532 ,247.015 ,328.544 ,704.56 9,124.76
3 Probfeifto erxec eptiitoen&ma t la (x1 -2) 218.18 500.29 234.93 718.47 667.53 1,488.21
4 Exceptiitoen(maR le fNeort3 e) 36.81 49.99
5 Probfeifto trae(• 3 -4) 218.18 500.29 234.93 718.47 630.72 1,438.22
6 Tax expense
Current tax 46.36 123.22 59.07 169.58 155.00 344.06
Deferred tax 8.51 8.39 (0.39) 16.90 5.71 (1.50)
Total tax expense 54.87 131.61 58.68 186.48 160.71 342.56
7 NePtr offoitrth pee ri(o5d- 6) 163.31 368.68 176.25 531.99 470.01 1,095.66
8 Other comprehensive Income/ (loss) not to be redassified to profit or loss in
subsequent periods -
a) Re•measurement gains/(losses) on defined benefit obligations (0.19) (3.01) (1.66) (3.20) (2.84) 3.67
b) Income tax on (a) above 0.05 0.76 0.41 0.81 0.71 (0.93)
Total other comprehensive income/(loss) not to be redassified to profit or (0.14) (2.25) (1.25) (2.39) (2.13) 2.74
loss in subsequent periods
9 Total comprehensive income for the period (7+8) 163.17 366.43 175.00 529.60 467.88 1,098.40
10P aid-up equity share capital 116.60 116.60 116.59 116.60 116.59 116.60
(Face value of Re. 1/-each)
11O ther Equity 6,226.30
12E arnings per share (of Re. 1/-each)
(.a) Basic (amount in INR) 1.40• 3.16• 1.51• 4.56· 4.03. 9.40
(b) Diluted (amount in INR) 1.40• 3.16• 1.s1• 4.56· 4.03. 9.39
Not annualised
See accompanying notes to the unaudited standalone financial results
BERGER PAINTS INDIA LIMITED
UNAUDITED STANDALONE BALANCE SHEET AS AT SEPTEMBER 30, 2026
Rs. in crores
As at Asat
Sept
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