Marico Limited is one of India’s leading consumer goods companies operating in global beauty and wellness categories. It is present in over 25 countries across emerging markets of Asia and Africa. It nurtures leading brands across categories of hair care, skin care, edible oils, healthy foods, male grooming and fabric care.
Listen to Marico Limited’S Q1 earnings call live and check real-time transcript
“Consolidated revenue in the quarter declined in low-single digits on a year-on-year basis, dragged by pricing interventions in key domestic portfolios last year and further pricing drops in Saffola Edible Oils (amounting to a pricing decline of ~30% YoY) during the quarter.”
– Quarterly Update by Marico Limited before Q1FY24 results
Marico Ltd reported Revenues for Q4FY23 a rise of 3.66%. Total Expenses for Q4FY23 reported a rise of 2.36%. Consolidated Net Profit for Q4FY23 was up 18.68% in the same quarter of the previous year.