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flag Marico's profit fell 0.7% to 4.2 billion rupees in Q2 due to higher costs and supply issues, missing estimates despite 31% revenue growth.

flag Marico's second-quarter profit dipped 0.7% to 4.2 billion rupees amid rising raw material costs and supply issues affecting its Parachute brand, missing estimates. flag Revenue surged 31% to 34.82 billion rupees, driven by price hikes, with domestic volumes up 7% and international growth at 20% in constant currency. flag Gross margins fell 810 basis points due to inflation and higher expenses, but the company expects improved performance as inflation eases. flag Marico plans to expand direct distribution and grow premium personal care and packaged foods to 25% of revenue by 2027.

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