Berger Paints India's Q2 financials show mixed results, strong operating cash flow a highlight

Berger Paints India, a leading player in the paints industry, has recently announced its financial results for the quarter ending September 2024. The company, which falls under the largecap category, has received a 'Sell' call from MarketsMOJO.

According to the financial report, Berger Paints has shown a flat performance in the second quarter of the fiscal year 2024-2025. The company's score has dropped from 10 to 1 in the last three months. However, there are some positive aspects to the financials as well.

One of the highlights of the report is the company's strong operating cash flow, which has been consistently growing over the past three years. In the annual report, Berger Paints recorded the highest operating cash flow of Rs 1,591.05 crore. This indicates that the company has been able to generate higher cash revenues from its business operations.

On the other hand, there are some areas of concern for Berger Paints as well. The quarterly Profit Before Tax (PBT) less Other Income has fallen by 7.7% compared to the average PBT of the previous four quarters. Similarly, the quarterly Profit After Tax (PAT) has also seen a decline of 7.6% compared to the average PAT of the previous four quarters. This indicates a negative trend in the near term for both PBT and PAT.

Overall, the financial results for the quarter ending September 2024 show a mixed performance for Berger Paints India. Investors and stakeholders will be keeping a close eye on the company's future financial reports to see if there is any improvement in its performance.