FMCG maker Marico reported a sequential uptick in domestic volume growth for the December quarter, but said its operating profit growth will be 'modest' due to higher input costs. Marico expects a ...
Marico Limited headquartered in Mumbai Maharashtra carries on business in branded consumer products. Marico manufactures and markets products with the brands such as Parachute Parachute Advansed Nihar ...
Marico declined 2.20% to Rs 646.40 after the company said that the rising trend in input costs is expected to result in a higher-than-anticipated gross margin contraction on a year-on-year basis.
The update from Marico comes two months after it tipped its consolidated revenue to grow year-on-year in the double-digit percentage range between October and March. However, sales in large cities are ...