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Net Sales are expected to increase by 8 percent Y-o-Y (up 3.8 percent Q-o-Q) to Rs. 821.5 crore, according to ICICI Securities.
In an interview to CNBC-TV18, Jayakumar Krishnaswamy, MD of Akzo Nobel India spoke about the results and his outlook on the company.
In the 5 consecutive quarters, company has been able to get double-digit volume growth," said Jayakumar Krishnaswamy, Managing Director, AkzoNobel India in an interview with CNBC-TV18.
In an interview to CNBC-TV18, Abhijit Roy, MD & CEO of Berger Paints India said margins have been robust due to benign raw material costs.
Akzo Nobel India targets improving or at least sustaining margin over next 12-15 months, says MD Jayakumar Krishnaswamy.
Sales are expected to increase by 5.9 percent Q-o-Q (up 8.9 percent Y-o-Y) to Rs 717.2 crore, according to ICICI Securities.