Profit

Frika Hair to be EPS Accretive: Godrej Consumer Products

PUBLISHED ON: January 7, 2015 | Duration: 5 min, 54 sec

   
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Vivek Gambhir, managing director at Godrej Consumer Products, tells NDTV that the company's most recent buyout of a 100 per cent stake in the hair extension business of South Africa's Frika Hair will be EPS accretive and will contribute 3-4 per cent to its Africa revenues. Frika Hair has a strong organised retail presence and caters to the premium customers.
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