The consolidated net sales have gone up by 7.5% to Rs 414 crore driven by 6% volume growth and 2% price growth. Power brand grew by 9%.

The net profit inclined by 5% to Rs 44.60 crore.

The price led growth was driven by price hike in core Ujala whitener.

Henko Matics grew up 44% and Henko Stain Champion up 13%, Exo up 18%, Pril up 17% and Margo up 11% while Ujala whitener up 1% (volumes declined).

Maxo saw 2% decline in revenues, dragged by weak performance of coils business. Liquid vaporizer business posted a solid 55%.

Growth during the quarter was hit by a decline in coils business which was 75% of revenues due to weak season and the mgmt is confident of stronger quarters ahead on back of new launches and revival in coils business.

The company has lined up two new launches for Q2 - Maxo Genius – new liquid vaporizer machine (slated for August, 2015 launch) and its own version of paper-based HI product – Maxo Genius Magic Card.

The company's market share in coils stands at 18% and liquid vaporizer stands at 8% in Q1.

Liquid vaporizer is 25% of total mosquito business for the company

Henko portfolio delivered a robust performance despite significantly high competitive intensity and its market share in Matics range has inched up to all-time high of 7% as of Q1. Henko growth was mostly driven by volume.

Margo soap has grown despite flat market growth for the soap industry in the quarter.

The company has rolled out Ujala Crisp N Shine in Tamil Nadu market in May 2015 and new TV campaign has been rolled out in June 2015. It has launched two new variants including a variant with fragrance option.

The mgmt expects double digit growth in Dishwash segment going forward.

The company has repaid debt of Rs 65 crore and its net debt stood at Rs 280 crore.

The effective tax rate for FY16 will be 14% and FY17 will see full tax rate.

The company is looking to sale a land of around 2 acre in Chennai around Rs 42 – 50 crore.

ASP to sales ratio for FY16 expected to be around 13%.