FMCG, cigarette biz provide cheer, but all eyes on sustenance
The company posted a 4.93 per cent decline in its revenue from operations at Rs 12,560.64 crore during the quarter.
Rural markets, which account for around one-third of the industry and have been the key driver of growth in recent years, witnessed a steep fall in growth rates
Its total expenses stood at Rs 8,484.93 crore in Q4 FY 2019-20, down 3.14 per cent as against Rs 8,760.36 crore
The net profit during the corresponding quarter of the 2016-17 fiscal year stood at Rs. 26.69 billion, backed by a revenue of Rs. 154.11 billion