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Dolat Capital: Kansai Nerolac’s Q1 Sees Revival In Decorative Paints, Automotive Remains Under Pressure

Though April was a washout, Kansai Nerolac’s decorative paints business witnessed double digit volume growth in May and June.

A sample of paint pours into a bucket from the nozzle of a paint tinting machine at a factory in Gwalior, Madhya Pradesh (Photographer Udit Kulshrestha/Bloomberg)
A sample of paint pours into a bucket from the nozzle of a paint tinting machine at a factory in Gwalior, Madhya Pradesh (Photographer Udit Kulshrestha/Bloomberg)
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