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Revenue growth to come back in H2, would continue portfolio diversification: Marico MD

Revenue growth to come back in H2, would continue portfolio diversification: Marico MD
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Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO

Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO
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Marico revenue: Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO

Marico anticipates a return to revenue growth in the second half of the financial year. Price adjustments due to reduced inflation in the domestic market impacted revenue but helped maintain market share and expand product penetration. The CEO expects positive revenue growth in H2 as pricing deflation stabilizes.

Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO, ET Retail

Last week, Marico, which owns popular brands like Saffola, Parachute, and Livon, reported 17.2 per cent increase in consolidated net profit for September quarter. However, its revenue from operations marginally reduced to Rs 2,476 crore YoY.

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