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ICICI Direct: Kansai Nerolac’s Decorative Paints Segment Drives Q2 Performance

Kansai Nerolac’s decorative segment grew 7% YoY in Q2 in value terms, largely due to a change in product mix and dealer discounts.

Open tins of red paint pass along the production line at a paint and coatings factory. (Photographer Jasper Juinen/Bloomberg)
Open tins of red paint pass along the production line at a paint and coatings factory. (Photographer Jasper Juinen/Bloomberg)
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