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Demand recovery unlikely to offset margin pressures for paint companies

Companies to post double digit volume growth in the quarter

Topics
Asian Paints | Berger Paints | Kansai Nerolac Paints

Ram Prasad Sahu 



Asian Paints
Revenue growth estimates vary for the companies in the sector as Asian Paints is expected to lead on the growth front posting an increase in the 33-45 per cent range

Buoyed by robust demand for the first two months of the quarter and a favourable base, are expected to post healthy performance in the June quarter. Listed paint majors could report a 30 per cent plus revenue growth y-o-y aided by double digit volume increase in decorative paints and cumulative gains from pricing action.

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First Published: Wed, July 13 2022. 11:25 IST

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