Dabur India's Q1 earnings saw no fireworks with a mild miss on topline while the volume decline was on expected lines.
In an interview to CNBC-TV18, Lalit Malik, CFO of Dabur India spoke about the results and his outlook for the company.
Trade has still not come back to pre-goods and services tax (GST) levels, he added.
Malik expects normal trade to resume by end of Q2.
According to him second half of FY18 will record better growth on the back of festivals.
He sees some pressure on margin in Q2.
He expects margins to be protected Q3 onwards.
Watch accompanying video for more details.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
