Marico anticipates gradual growth in core categories, driven by general trade partner profitability and expanded outlet reach.
FMCG firm Marico expects a gradual uptick in core categories' growth, driven by efforts to boost profitability of general trade channel partners and expansion in direct reach footprint across urban and rural outlets. The company reported consolidated revenue growth in low single digits in the fourth quarter, moving back into positive territory after three quarters. Marico anticipates domestic revenue growth to outpace volume growth in the upcoming quarters.
April 05, 2024
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