Mumbai, Feb. 5 -- Berger Paints India Ltd, India's second-largest paintmaker, missed analyst estimates as an unusually prolonged monsoon in October and a shorter festive season weighed on its December-quarter earnings.

The Kolkata-headquartered company's third-quarter net profit attributable to the owners fell about 8% quarter-on-quarter to Rs.271.16 crore, according to the company's exchange filings. The profit fell short of the Rs.285.83 crore estimate of 14 analysts polled by Bloomberg.

"The extended monsoons into October and the shortened festive season led to a negative October," said Abhijit Roy, managing director and chief executive of Berger Paints, in a statement, adding that after October, they saw progressive demand improveme...