We're optimistic despite volatile biz climate, consumer sentiment: Marico

The distribution network also improved progressively during the quarter with the government gradually easing the movement of food and grocery items of daily use, the company said

Homegrown FMCG major Marico Ltd on Friday said the current business environment and consumer sentiment remain volatile but it remains cautiously optimistic about the future, which however will depend on the extent of the spread of Covid-19 in India and overseas and the response to it.

Sharing a quarterly update, the company said it witnessed significant disruptions during the first fortnight of April but since then, has been able to steadily scale up operations to near-normal levels in June.

While edible oils and foods businesses resumed operations in early April as per government guidelines, hair oils and personal care businesses