Paints major Berger Paints expects its gross margin to expand by around 100-150 basis points in the second half of this fiscal as raw material prices are softening.

“There is an advantage coming up which we see about one and one-and-half per cent in terms of margin expansion, which is likely to happen on account of raw material prices cooling off,” Abhijit Roy, Managing Director & CEO, said in a post-earnings investors conference call.

Berger Paints, India’s second-largest paint company in terms of market share, saw a 80 basis points fall in gross margin on a standalone basis at 39.6 per cent in the second quarter this fiscal compared to 40.4 per cent in corresponding quarter last fiscal.

The dip in gross margin during Q2FY26 was on the back of lower sales of high value exterior emuls

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