Great sales growth!! Steady growth in sales for the past many quarters. Capacity utilization back at 90%. I was eager to know what triggered the growth in sales.
Bulk segment performed with significant growth in bulk alcohol, franchisee bottling and by products on a QoQ basis.
Margin compression was expected as management guided in the last concall. Gross margin dipped further
Consumer sales down down YoY
Prestige still a very small part of the sales. Still at a nascent stage. Still a long way to go.
Have new capacities coming onstream next quarter which can further aid sales growth
Margins could be cyclically at the lowest levels.
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