Berger Paints Nigeria Plc posted improved results for the third quarter of 2025, as profit before tax rose 138% to N518.6 million from N218.1 million a year earlier, while profit after tax more than doubled to N343 million from N148 million.
For the nine-month period, profit before tax stood at N1.46 billion, representing a 373% year-on-year growth, while profit after tax rose to N968 million from N202 million in the same period last year.
A closer look shows that the performance was supported by stronger paint sales, tighter cost control, and improved operating efficiency, all of which helped boost margins despite rising expenses.
Revenue for Q3 grew 20.5% year-on-year to N3.1 billion, supported by higher demand for paints and allied products.
Despite an increase in discounts and rebates, net revenue remained strong.
Gross profit rose 45% year-on-year to N1.40 billion in Q3 2025, as revenue growth outpaced sales costs.
But even with these pressures, operating profit more than doubled.
The balance sheet holds strong.
