Speaking to CNBC-TV18 on the company‘s performance and plans ahead, Krishna Mohan, chief executive officer, sales, Emami, says the good spell of monsoon seen through-out the country will boost sales in Q3 and hence, expects a good growth in H2FY14.
Emami expects margins to improve in FY14 following reduction in Menthol prices and is also seeing strong volume growth on the back of better business in international markets.
Kolkata-based FMCG maker Emami is expecting its margins will see some improvement going ahead, helped by lower cost of raw materials like menthol.
NH Bhansali, CEO, Emami Group explains to CNBC-TV18 that the company plans to sustain growth at 17 percent on high rural consumption and increased capacities from manufacturing facilities in Bangladesh and Egypt.
In an interview with CNBC-TV18, NH Bhansali, CEO of Emami Group spoke about the growth the company plans to achieve both in domestic and international front. He also talks about how escalating raw material prices are pinching margins. Despite poor IIP figures, he still sees robust growth in rural India.
Emami has been in the news as one such company where fire broke out in the AMRI Hospital where Emami holds a small stake. Some directors have been taken into judicial custody. However, NH Bhansali, CEO of Emami Group said that the personal care and healthcare product company is unlikely to be affected in anyway with the fallout of the fire.
Krishna Mohan, chief executive officer, Emami Limited, in an interview with CNBC-TV18's Reema Tendulkar and Ekta Batra, gave his views on how the company will perform going forward.
FMCG major Emami Ltd's Harsh Agarwal said that they were open to smaller, mid-size and even large size acquisitions. "As of now we are in talks to buy the personal care business of Paras Healthcare as an opportunity to acquire if it is available in the market," he said.