Consumer goods major Marico bets on double-digit volume growth in Q4

Consumer goods major Marico on Monday said that it expected to deliver a strong double-digit volume growth in the quarter ended March 31, 2021 (Q4), though input cost pressures would hurt operating margins.
 
The disclosures were made as part of its quarterly update for the period, where the company said that it saw healthy momentum across key categories. Marico expects low double-digit bottom line growth in Q4.
 
“Revenue growth in Q4 was even higher than volume growth because of pricing interventions in key portfolios to partially alleviate the significant input cost-push during the period,” it said.
 
While