There‘s weakness is rural markets and while the FMCG industry has been focussing on harnessing rural growth, demand hasn‘t been great, said Sumit Malhotra, Managing Director of Bajaj Corp. He said that the sector is still one-two quarters away from rural recovery.

Patanjali is no threat to us: Bajaj Corp MD

In an interview CNBC-TV18, Sumit Malhotra, MD of Baja Corp said that the first quarter was disappointing in terms of volume growth as poor rural growth led to less consumption.

Aiming for 65% mkt share in light hair oil segment: Bajaj Corp

The current cash pile for the company at the end of third quarter stands at Rs 462 crore and post the dividend payout would be around Rs 200-250 crore, said Sumit Malhotra, MD, Bajaj Corp

Expect real recovery in volumes to come in Q4: Bajaj Corp

Sumit Malhotra, MD of Bajaj Corp, says, Q2 volume growth is largely driven by Bajaj Almond Drops and Brahmi Amla. He says the company has over 60 percent market share in light hair oil segment.