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Demand recovery a rosy picture for paint companies in Apr-Jun quarter

Listed paint companies could report over 30 per cent revenue growth year-on-year (YoY), aided by double-digit volume growth in decorative paints and cumulative gains from pricing action

Topics
paint firms | Paint companies | Asian Paints

Ram Prasad Sahu  |  Mumbai 



Increasing disposable incomes, surge in sales of high-end products and rapid urbanisation, among other things, are driving demand for luxury and premium paints. Source: Adobe Stock
Representative image

Buoyed by a robust demand in the first two months of the quarter and a favourable base, companies are expected to see a healthy performance in the April-June quarter.

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First Published: Fri, July 15 2022. 18:48 IST

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