Full Year 2022 Marico Ltd Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : Actually, like almost a continuation of the previous question. Can you share your thoughts on how the disruption in the global edible oil market, how it impacts your business? Is there an interplay between copra and other edible oils? If not in India, in Indonesia is there at least? And with other edible oils being highly inflationary, copra being deflationary, are there any benefits you see of customers looking to -- looking copra as option or like the customer will be very different? If you can share your thoughts on this?

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : Sure. Second one, how is Saffola doing in terms of volumes? Edible oil prices have moved up sharply to customer facing inflation across categories. Is the customer downtrending? What are the trends you're seeing in future supply edible oil usage? Are you losing some customers you had acquired during the last couple of years?

Question: Kunal Vora - BNP Paribas, Research Division - Analyst : Sure, sure. I see. And lastly, if you can talk about the competition in the VAHO segment and like why it remains much higher compared to other categories. This is 1 category in which you're not seen any meaningful price increases. Is it because of low inflation or industry is sacrificing margins here?