INSUBCONTINENT EXCLUSIVE:
Analysts are mostly penciling in a 14-18 per cent growth in March quarter profit, led by 7-9 per cent growth in revenues
1.06 per cent to hit a low of Rs 1,709.65 on BSE.
Analysts believe that the FMCG major could report a 70-80 basis points margin expansion,
but said ad spends and management commentary on competition would be watched keenly.
Reliance Securities projects 73 bps expansion in
margins at 23.5 per cent from 22.7 per cent in the year-ago quarter
by 1-2 per cent for a few products
to record a 6 per cent YoY volume growth on a high base of 11 per cent growth
A delayed summer and elongated winters have also resulted in limited offtake of personal wash products
The rural segment, though, continues to grow faster than the urban market, but the differential in growth rate has come off
Blended price hike of 1 per cent has been taken
