The international business delivered strong broad-based growth led by Bangladesh recovering after facing transient headwinds in the preceding quarter and strong growth momentum in MENA and South Africa.
Marico Reports 4 9% Surge in Q4 Net Profit to Rs 320 Crore devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
In its quarterly update on the BSE, Marico said in the fourth quarter of FY24 FMCG demand sentiment stayed consistent vis-a-vis the preceding quarters with trends in urban and rural consumption largely converging.
Marico Ltd anticipates gradual growth in its core categories, aiming to enhance profitability for general trade partners and expand its urban and rural market presence over the next few years. Fourth-quarter results showed consolidated revenue growth in low single digits, with expectations of low double-digit operating profit growth driven by margin expansion.