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What is Q12024 Concall Summary about?
In Q1 FY2024, the company experienced a 10% increase in volumes and an 8% increase in value, driven by strong growth in various segments including Smartcare and Waterproofing. However, the kitchen and bath segments saw significant degrowth of 12% and 28% respectively due to high bases from the previous year. The industrial sector showed double-digit revenue growth, while margin pressures from raw material costs may lead to price corrections in the future.
- Author
- picstrip103
- Language
- EN