Profit

Marico battles input cost with price hike

PUBLISHED ON: October 26, 2010 | Duration: 4 min, 22 sec

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Marico head (strategy M&A and investor relations) Chaitanya Deshpande attributes the dip in overall group margin to the rise in input prices, which the company couldn't negate with a 5% price increase. The company is now implementing a second round of price rise of about 7-8%, he adds.
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