💨 Abstract

Kansai Nerolac Paints posted subdued earnings due to weak consumer spending and increased competition, but expects demand to improve following the federal budget's consumption-boosting proposals. The company's profit before tax rose 2.8% to 2.14 billion rupees, with automotive demand helping to offset weakness in the decorative paints business. A one-time gain of 6.3

Courtesy: theprint.in

Summarized by Einstein Beta 🤖