Muted Q2 and increased competition take the gloss off Berger Paints
Source: Live Mint Berger Paints India Ltd’s results for the September quarter (Q2FY25) lacked a spark. Volumes grew just 3.6% year-on-year due to heavy rains in the key markets of Andhra Pradesh, Kerala, West Bengal, Gujarat and Maharashtra. Premium and luxury products saw double-digit volume growth while mass products (putty, primers and enamels) remained flat,…