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Drought aggravated demand-supply mismatch: McLeod Russel
Kamal Baheti, CFO at McLeod Russel said that the company had sold 20 million kgs of tea out of 25 million kgs produced. The drought, he said, had aggravated the demand-supply mismatch. He added that he expected the operating margin would improve to 30% versus 25%.
Source
rupees News