In case the winter sets in properly then the company expects products like Boroplus, Chyawanprash, lotions to do well and aid growth in coming quarters, says NH Bhansali of Emami Group.
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.
Emami‘s gross margins improved despite steep rise in prices of some the key raw materials. Speaking to CNBC-TV18, CEO-Finance NH Bhansali said, the company‘s margins are likely to improve going ahead. Also, the company is not planning to raise prices in the near future to offset input cost inflation.