While volume growth was tepid to modest for the three companies, gross margins have expanded. Margin expansion has been achieved through better operational efficiency or productivity gains. Taking price rises, lowering ad spends and rationalising costs are the various levers used.
FMCG: While volume growth was tepid to modest for the three companies, gross margins have expanded. Margin expansion has been achieved through better operational efficiency or productivity gains. Taking price rises, lowering ad spends and rationalising costs are the various levers used.
India’s deposit growth is not only improving, but is also higher than other countries. The catch here though is that the loan-to-deposit ratio has risen compared to other countries.
Motorola Phones India: “The Edge and Razr series from Motorola which are part of our premium portfolio now contribute 46% of India revenues, from 22% in 2022, with the overall business doubling” the executive added.