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Indigo Paints Q2 Results Review - Profitability Missed Estimate; Maintain 'Reduce': Dolat Capital

Gross margin contracted 160 basis points to 44.1% due to raw material inflation and price reductions taken in H2 FY24, says the brokerage.

<div class="paragraphs"><p>(Source: Unsplash)</p></div>
(Source: Unsplash)
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