This is thrice that of the Nifty FMCG, its peer index.
Brokerages expect the company, which has delivered sales growth over the last nine months (9MCY23) of 22 per cent, to maintain its momentum led by higher distribution reach, new launches and international expansion.
The company's revenue growth was led by robust volume growth of 15.4 per cent year-on-year (Y-o-Y) at 220 million cases and improved realisations, which edged up by 5 per cent to 176 a case.
While volume growth was driven by India (14.8 per cent Y-O-Y) and international markets (17.5 per cent), realisation growth was driven by international markets.
Denne historien er fra December 19, 2023-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra December 19, 2023-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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