INSUBCONTINENT EXCLUSIVE:
profit growth reported by the company
Ebitda and profit declined 2.1 per cent and 3.8 per cent YoY, respectively, for the quarter
Data showed that even as the company reported double-digit growth in domestic decorative volumes, raw material inflation dragged margins to
a 14 quarter low.
The stock fell 5.78 per cent to hit a low of Rs 1,132 on BSE.
With GST rate reduction mid quarter from 28 per cent to 18
hikes have been effected only from October
