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RB's India growth flattens in spite of PM Modi's Swachh Bharat boost

The company saw sales growth slowing to 1.8% in FY18

RB's India growth flattens in spite of PM Modi's Swachh Bharat boost
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Arnab Dutta New Delhi
RB India, the local arm of British consumer goods giant Reckitt Benckiser, hit a slow lane in 2017-18.

The maker of widely used hygiene brands Dettol, Lysol and Harpic registered a 1.8 per cent rise in revenue from the year before, to Rs 58.1 billion (data from the office of the registrar of companies). This was much below the rise for the earlier two years, of 13 per cent in 2016-17 and 16 per cent in 2015-16.

The profit numbers for FY18 and FY17 were not available. In FY16, the net profit jumped 105 per cent to a little over

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