Marico Reports High Single-Digit Volume Growth in Q3, Eyes Consumption Recovery
1 day agoBusiness
29LENS
1 SourcesNew Delhi, India
TBNthebalanced.news
Marico Reports High Single-Digit Volume Growth in Q3, Eyes Consumption Recovery

Marico reported steady demand and high single-digit volume growth in its India business for the December quarter, with expectations of gradual consumption recovery driven by easing inflation and favorable agricultural conditions. The company's consolidated revenue grew in the high twenties year-on-year. While Parachute oil saw a marginal volume decline, value-added hair oils grew significantly, and the international business also showed strong performance.

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