in line with international practice marico has been reporting consolidated results taking into account the of its subsidiaries this discussion therefore covers financial and other developments during april march 05 fy05 respect limited together bangladesh mbl industries mblil kaya skin care kscl joint venture sundari llc entity referred to as or company group some statements describing projections estimates expectations outlook may be forward looking actual however differ materially from those stated on various factors such changes government regulations tax regimes economic within india countries which your conducts business exchange rate interest movements impact competing products their pricing product demand supply constraints is committed accordance direction improving quality people s lives through offerings branded services thus operates two fast moving consumer goods fmcg industry
