ICICI Securities Ltd | Retail Equity Research The company reported 8.1% YoY decline in consolidated net sales to | 1790.1 crore (I-direct estimate: | 1834.9 crore) mainly due to 4.4% dip in volumes. The standalone business witnessed a 5% decline in sales for the quarter mainly due to the de-stocking by the wholesale network. Similarly, the International business witnessed 14.5% YoY decline largely on account of an economic slowdown in MENA region and currency devaluation in Egypt, Nigeria and Turkey...