Robust performance led by a recovery in FMCG growth trend: SHKL’s revenue increased 13.5% YoY to INR2,831m (est. Of INR2,551m) in 3QFY18 (22% YoY growth post netting off GST from the base quarter). Fragrance business reported growth of 16.5% YoY to INR2,546m, while Flavors business reported de growth of 8.4% YoY to INR272m.
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