Marico Projects High Single-Digit Volume Growth for India Business in Q3
3 hours agoBusiness
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Marico Projects High Single-Digit Volume Growth for India Business in Q3

Marico anticipates high single-digit volume growth for its India business in the October-December quarter, noting a sequential improvement in demand. The company expects consolidated revenue to grow in the high twenties year-on-year, citing easing inflation and favorable agricultural conditions. While Parachute oil faced input cost challenges, value-added hair oils saw strong growth, and the premium personal care segment is also performing well. Marico remains optimistic about gradual consumption improvement in upcoming quarters.

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