Paints Cos To See Operating Profitability Margin Reducing To 14% By FY26: Report
The entry of new players has sparked a surge in capital expenditure (capex) and has led to increased competition within the sector
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Birla Group Unveils “Birla Opus” Paints Brand, Aims For Rs. 10,000 Cr Revenue
- by BW Retail World Bureau
- February 22, 2024
Aditya Birla Group Chairman Kumar Mangalam Birla, on Thursday, unveiled products and services under its new decorative paints brand “Birla Opus”, aiming for Rs.10,000 crore gross revenue within three years of full-scale operations. This marks the Aditya Birla Group’s entry into the rapidly expanding Rs 80,000 crore Indian decorative paints market, with an unprecedented level […]
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JSW Paints Hits Rs 1,500 Cr Revenue In 9 Months, Targets Profitability In FY24
- by BW Retail World Bureau
- January 31, 2024
JSW Paints, an unlisted subsidiary of diversified conglomerate JSW Group, said on Tuesday that its revenues reached Rs 1,500 crore in the first nine months of FY24 and that it expects to become profitable in the current fiscal year. According to an official release, the business expects to complete FY24 with a topline of more […]