Growth slips below long-term trend of 6.6 per cent for 2 qtrs.
Market leader Hindustan Unilever (HUL) has cut the prices of soaps but has raised face wash prices.
The country’s biggest lenders and automakers have all sounded warning bells over the slower growth in demand and consumption.
Net profit rises nearly 15 per cent, volume up 5 per cent.
Benign raw material prices, low media intensity to help.
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