Orkla India's revenue rises 19.4% in Q2, but volume growth remains subdued
New Delhi, Nov. 4 -- Fast-moving consumer goods company Orkla India reported a 19.4% year-on-year increase in revenue from operations in the September quarter, driven by strong growth in its spices business and pricing actions, even as volume growth remained subdued amid elevated input costs.
Revenue from operations rose to Rs.776 crore in the second quarter of FY27, from Rs.650 crore a year earlier. Revenue from sale of products grew 18.4%, while volume growth, measured by tonnage, stood at 2.9%, compared with 7.7% in the year-ago quarter. Net profit increased 19.2% to Rs.91 crore from Rs.77 crore.
"We are not fully thrilled about the volume growth number. Our organizational focus is squarely on volume growth," Sanjay Sharma, managing ...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.