Decent volume growth in consumer bazaar product: Despite the challenging year, the company delivered decent consolidated sales growth of 6.3% to Rs. 60623Mnin FY17 from Rs. 57016 Mn in FY16 on the back of focus on core categories wherein volume growth of consumer and bazaar product grew by 8.2% and volume growth ofIndustrial product grew by 5.2% during FY17. Gross margin for the year improved at 179 bps to 56.5% from 54.7% on account of base effect of strong volume growth andlow raw material prices during FY17.