marico industries limited analyst meet april 22 2004 overview financial recap business model segmental highlights & strategies shareholder value issues outlook what we said last year may 14 2003 fy 03 was a tough but held our record 04 is also special as get into an investment phase move towards new higher adding businesses products this cusp crucial for and its stakeholder let us see did group financials economic added grew by 24 rs 31 cr to 39 compared impact of 100 consolidation line items operating margins comparison with exceptional in other income deferred sales tax 3 2 compensation from p g 4 6 one time depreciation 7 8 are impacted increases margin per unit volume have improved roce has fact vs 33 fy03 capital utilisation up major capex hair oil dehradun industry de reserved