Mumbai, Nov. 6 -- Birla Opus Paints is a part of the company's paint business.

The company said that Rakshit's successor will be announced in due course of time. In the interim, managing director, Himanshu Kapania, will directly oversee the paints business.

Rakshit Hargave joined the company in November 2021 and has played a significant role at the Birla Opus start-up stage of the Decorative Paints and the initial scaling up of the business. He has helped build a high-performing team and in this 4 Year phase, established six integrated manufacturing facilities, scaled distribution and supply chain networks nationwide.

Meanwhile, the company 's consolidated net profit jumped 75.91% to Rs 553.48 crore on 16.59% increase in revenue from o...