April 5, 2024
admin
(20 Second Reading) Marico on Friday said that the consolidated revenue for the March quarter grew in low single digits, moving back into positive territory after 3 quarters, due to incremental anniversarizaton of pricing cuts in key domestic portfolios. The company further stated that the revenue growth is expected to trend upward going forward, with domestic revenue growth outpacing volume growth in the quarters ahead.
Among key inputs, copra prices inched up in line with forecasts, while edible oil and crude oil derivatives remained stable.
