Dilip Piramal, Chairman, VIP Industries, told NDTV Profit that the company has witnessed margin pressures since October due to the rupee's depreciation. As far as the ladies handbag business is concerned, he said that they have to do a brand building for the same. "We expect the ladies handbag business to be profitable from third year onwards. As far as overall business sis concerned, we are aiming to achieve 15 per cent topline growth," he added.
