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Robust FY25 volume outlook to sustain gains for consumer major Marico

While the company indicated that consolidated revenue growth would be in high single digits, brokerages peg the same at around 7-8 per cent

Marico
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Ram Prasad Sahu Mumbai

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From its lows last week, the stock of consumer major Marico is up 7 per cent on the back of a better than expected June quarter performance and robust outlook going ahead.

In a pre-quarter update, the management indicated that domestic volume growth should witness an improvement in FY25, while other segments (growth portfolio, international business) too would see traction going ahead.

The near-term trigger is strong sales and operating performance for Q1FY25.

While the company indicated that consolidated revenue growth would be in high single digits, brokerages peg the same at around 7-8 per cent. The
Topics : Marico

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