Sanjiv Mehta, Chairman and Managing Director, commented, "We have delivered another strong performance in the quarter, with double digit volume growth across all three divisions and further improvement in margins. This quarter also saw the integration of Foods and Refreshment divisions which will help us increase organizational agility and better serve local consumers while harnessing the advantages of global scale.
 
In the near term, we see gradual improvement in demand and our focus will continue to be on innovations and market development. Crude volatility and currency led inflation are key risks going ahead and we will continue to manage our business dynamically while driving operational efficiencies. Our strategic agenda remains one of delivering Consistent, Competitive, Profitable and Responsible growth."