FINOLEX INDUSTRIES-Rise in Operating Costs

(Rs lakh) NA means hot available. * means 16-month period Though it is not sure about the likely brand of the deodorant, Cinthol is a strong possibility as that is the most popular soap brand from the Godrej soap stable. At present, the deodorant market is estimated to be around Rs 50 crore. Despite its small size, the growth rate is very high, nearly 40 per cent. The only players at present in this segment are Hindustan Lever with its Rexona brand, and Ponds.