During second quarter FY12, Marico's consolidated net profit was at Rs 78.3 crore versus Rs 71.56 crore (YoY) and net sales were at Rs 974 crore versus Rs 778.8 crore (YoY).
Chief of finance, human resource and strategy Milind Sarwate told CNBC-TV18 that the margins would remain under pressure in short-term.
The company had witnessed 15% growth in volumes in Q1 and 14% growth in Q2. Moreover, he indicated that the company expects to sustain double-digit volume growth for FY12. The company
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