Berger Paints' Q1 profit fell 11% YoY to ₹3.15 bn, hurt by rising costs and a one-time fire-related charge.

• Profit missed the analyst estimate of ₹3.62 bn; ₹368.1 mn one-time charge impacted earnings during the quarter.
• CEO cited weak retail demand and early monsoon as key reasons; the paint sector faces broad demand challenges.
• Peers like Kansai Nerolac, Akzo Nobel India also saw profit drops; Asian Paints shows signs of demand recovery.