Also, on the concall, management commented on a Q ‘is buy one, get one offer - is it leading to a loss?’.
Even at 50% discount (MRP 50g: Continental Extra , Rs 90: Continental Premium Rs 135), they are not making a loss. They are in the process of phasing out the discount.
Big retailers (my interpretation is DMart), are asking for private label coffee.
One of their premium customer, has bought their yearly quantity, in H1 FY18-19. In FY17-18 that customer had placed their order in H2. Therefore the earnings should be compared YoY and QoQ comparison does not shed much light.
Rise in ‘Total Other Comprehensive Income’, loosely reflects the depreciation of rupee.