JSW Paints is set to invest ₹800-₹900 crore over the upcoming three years after achieving its first operating profit in five years. The company reported an EBITDA of ₹67 crore for the fiscal year ending March 2024, marking its initial profitability since it began operations.
Revenue increased by thirty percent, reaching ₹2,100 crore, up from ₹1,616 crore the previous year. Over the past five years, JSW Paints allocated ₹800-₹900 crore towards capacity expansion and marketing efforts, and it plans to invest a similar amount in the next three years.
As reported by businessline, the company aims to achieve a topline of ₹5,000 crore within the next two years by broadening its retail footprint in the home decorative sector and expanding its product offerings in the industrial coatings market.
