Marico Ltd reports HSD revenue growth in Q2, driven by domestic sales amidst currency challenges.
Marico Ltd reported high single-digit consolidated revenue growth for the July-September quarter, driven by domestic sales despite currency challenges abroad. The company achieved mid-single-digit volume growth in its domestic market, with rural areas outperforming urban demand. Marico anticipates double-digit revenue growth for the full fiscal year, bolstered by price increases on key products and strong performance from its food and digital-first brands.
October 02, 2024
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