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Marico fails to maintain volume growth in Q2 on poor offtake; stock down 6%
Stock tanks on flat top line in the September quarter, even as benign copra prices save the day, leading to a 16 per cent rise in pre-tax profit
Marico declines 7% as consumption slowdown hits domestic biz in Q2
"The company had a soft second quarter in the face of a challenging liquidity and consumption environment in the domestic market, the management said
Marico Q2 consolidated net up over 2% to Rs 185 crore led by volume growth
Consolidated net sales during the quarter under review stood at Rs 1,536.29 crore, up 6.47 per cent from Rs 1,442.80 crore in the corresponding quarter of last fiscal