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Good shower boosts profit expectations

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Sangita Shah Mumbai
Last Updated : Jan 28 2013 | 2:26 AM IST
 Domestic edible oil companies are likely to witness better profit margins this year as increased income is expected to fuel higher consumption following good rains across the country.

 Expectation of lower prices in the forthcoming months is also likely to push up the consumption further.

 The per capita consumption of edible oils during the current oil year 2003-04 (November-October) may go up to 12.80 kilograms from last year

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First Published: Oct 02 2003 | 12:00 AM IST

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