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Improved profits lay in a pie ingredient (4,6)

Ross

I believe the answer is:

filo pastry

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'a pie ingredient' is the definition.
I don't know anything about this answer so I can't judge whether it can be defined by this definition.

'improved profits lay' is the wordplay.
'improved' indicates an anagram.
'profits'+'lay'='profitslay'
'profitslay' with letters rearranged gives 'FILO PASTRY'.

'in' is the link.

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I've seen this clue in the Sydney Morning Herald.
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