In addition to paints, construction chemicals and home decor could add to incremental growth
Total income declined 58.23 per cent to Rs 647.08 crore during the quarter under review as against Rs 1,549.18 crore in the corresponding quarter a year ago
Market share gains and focus on product premiumisation are helping these segments
With the crude oil prices moving up and rupee falling further, the key worry is the ability of paint companies to pass on the costs without impacting volumes and market share
The decorative paint market is expected to witness CAGR of 12.7%