Marico expects double-digit revenue growth
Indian consumer goods maker Marico projects double-digit consolidated revenue growth for the second quarter. The performance is supported by strong domestic demand for premium products and lower raw material costs.
Insights:
Marico expects second-quarter consolidated revenue to grow by double-digit percentage points, driven by strong domestic demand for premium goods. The consumer goods maker reported accelerating sales across multiple categories on Monday morning. Premiumisation continues to lift margins across India.
