Berger Paints Nigeria Plc has reported a remarkable surge in its third-quarter (Q3) 2025 earnings, more than doubling its profit as robust paint sales and improved cost management boosted performance.
The company’s profit before tax rose sharply to ₦518.6 million in Q3 2025, up from ₦218.1 million in the same period of 2024 representing an impressive 138% growth. Similarly, profit after tax for the nine-month period ended September 30, 2025, soared to ₦968 million, compared to ₦202 million recorded in the corresponding period last year.
Quarterly profit also reflected this momentum, with Berger Paints posting ₦343 million in Q3 2025 profit after tax, up from ₦148 million in Q3 2024. Earnings per share rose to 118 kobo, compared with 51 kobo a year earlier.
Revenue for the quarter climbed by approximately 20.5% year-on-year to ₦3.15 billion, fueled by higher demand for decorative and industrial paint products. Gross profit increased by 45% to ₦1.40 billion, underscoring the company’s improved efficiency and strong cost discipline.
According to management disclosures, over 97% of Berger’s revenue stemmed from paint and allied product sales, reflecting its strong position in the Nigerian coatings market. The company’s ability to contain input costs and streamline operations has also enhanced profitability despite persistent inflationary pressures.
Industry analysts attribute Berger Paints’ stellar performance to a blend of cost efficiency, operational discipline, and resilient consumer demand amid Nigeria’s housing and construction rebound. The firm’s cost-to-sales ratio continues to outperform that of its major competitors, including CAP Plc and Meyer Plc.
Earlier in 2025, Berger Paints had already delivered a more than 600% rise in first-half profit, setting the stage for its continued growth trajectory through Q3.
With this strong performance, Berger Paints reaffirms its standing as one of Nigeria’s most efficiently managed manufacturing companies well-positioned to capitalize on the growing demand for premium paints across residential, commercial, and industrial segments. Visit www.jocomms.com for more news.
