Indigo Paints reported a steady performance for the second quarter, with profit and margins improving on the back of cost efficiencies and revenue growth. The company’s net profit rose 10.8% year-on-year (YoY) to ₹25.1 crore, compared with ₹22.6 crore in the same quarter last year.

IndiGo Paints’ revenue grew 4.2% to ₹312 crore from ₹299.5 crore a year ago, supported by stable demand across decorative paint segments.

Operating performance strengthened, with earnings before interest, tax, depreciation and amortisation (EBITDA) rising 11.7% to ₹46.7 crore from ₹41.8 crore in the corresponding period last year.

EBITDA margin improved to 15% from 14% a year earlier, aided by easing raw material prices and better cost control.

Shares of IndiGo Paints settled 0.38% higher at ₹ 999. The st

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