Mumbai, Nov. 3 -- COGS for the period under review was Rs 15,555 crore, up 23% YoY.
The company stated that over the past four quarters, edible oil prices have experienced significant inflation, leading to softness in consumer demand. Growth has been primarily price-led, while consumption volumes remain under pressure. Q2 edible oil revenue was Rs 13,828 crore, up 26% YoY, with an underlying volume growth of 2% YoY.
The Food & FMCG segment posted strong sequential momentum with 21% QoQ volume growth and revenue of Rs 1,681 crore. As compared with Q2 FY25, the revenue and volume are down by 2% and 10%, respectively.
The Industry Essentials volume grew by around 20% YoY driven by the growth in oleochemicals and de-oiled cake business. Th...
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