Brief: Marico Says Expect Gross Margin Pressures To Ease From Second Half Of Fiscal Year
03/07/2025 12:02
July 3 (Reuters) - Marico Ltd MRCO.NS: EXPECT GRADUAL IMPROVEMENT IN THE QUARTERS AHEAD, DUE TO EASING INFLATION, FAVOURABLE MONSOON SEASON LTD - EXPECTS GROSS MARGIN PRESSURE DUE TO INPUT COST INFLATION LTD - INDIA BUSINESS VOLUME GROWTH REACHES MULTI-QUARTER HIGH LTD - CONSOLIDATED REVENUE GROWTH IN LOW TWENTIES YEAR-ON-YEAR IN Q1 EXPECT GROSS MARGIN PRESSURES TO EASE FROM THE SECOND HALF OF THIS FISCAL YEAR DURING QUARTER, SECTOR EXHIBITED CONSISTENT DEMAND PATTERNS, MARKED BY IMPROVING TRENDS IN RURAL MARKETS AND STEADY URBAN SENTIMENT EXPECT MODEST OPERATING PROFIT GROWTH ON A YEAR-ON-YEAR BASIS Source text: ID:nBSE2YSND7 Further company coverage: MRCO.NS ((Reuters.Briefs@thomsonreuters.com;))
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