Marico Projects Double-Digit Profit Growth in Q3 Amidst Easing Inflation
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Marico Projects Double-Digit Profit Growth in Q3 Amidst Easing Inflation

Marico anticipates a double-digit increase in operating profit for the third quarter, with consolidated revenue projected to grow in the high twenties year-on-year. The company attributes this expected growth to easing inflation, tax cuts, and improved consumption trends. Marico also expects sequential improvement in gross margins due to lower copra costs and highlights strong performance in its premium personal care segment, while the Saffola cooking oil segment saw muted growth.

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