New Delhi, April 10 -- For home decor companies, the March quarter (Q4FY24) earnings season will bring mixed results. Listed plastic-pipe makers are expected to steal the show with better volume growth and margins than ceramic-tiles and wood-panel companies. Increased consolidation and robust demand, driven by plumbing and agriculture use in a seasonally strong quarter, are expected to boost volumes.
Supreme Industries Ltd, Astral Ltd and Finolex Industries Ltd are likely to post double-digit volume growth in Q4 FY24. The benefits of channel re-stocking ahead of the anticipated increase in poly vinyl chloride (PVC) prices from April should also be visible in Q4 earnings. The potential imposition of an anti-dumping duty on PVC imports is ...
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