The dip in India business is mainly due to considerable decline in Saffola edible oil sales on account of high base & edible oil consumption shifting to economy brand & smaller SKUs due to extremely high inflation. Domestic volume de-grew 6% on account of double digit decline in Saffola Edible oil
Titanium dioxide and monomers are important raw materials for the company. Titanium dioxide prices have corrected 20% from their peak in September 2021. The monomer prices have also started to soften in the last 40 days.
ta Coffee reports strong topline and bottomline growth on YoY basis due to improved performance of Eight O' Clock Coffee, superior performance of Instant Coffee business both in India and Vietnam and higher sales realisations in Coffee Plantation business.