BusinessPhoto: Mint CompaniesJSW Dulux Sees Strong Paint Demand but Faces Margin Pressure
JSW Dulux reported a 21% year-on-year volume growth in the September quarter and continued double-digit growth in October. However, rising raw material costs are squeezing margins as the company struggles to pass on price increases without reducing demand. CEO Rajiv Rajgopal noted the challenge of balancing price hikes and consumer demand, a dilemma also faced by Asian Paints, which warned higher prices could delay demand.
Mint Companies··Mumbai




