Healthy growth outlook, market share gains positive for Marico stock

Parachute coconut oil posted 10 per cent Y-o-Y growth in value with 4 per cent Y-o-Y growth in volume

Marico may buck the industry trend with the fast-moving consumer goods (FMCG) major reporting strong growth and favourable commentary in a weak quarter for the industry.

 

The company reported consolidated revenue growth of 8 per cent year-on-year (Y-o-Y) in Q2FY25.

 

Domestic revenue growth was 8 per cent Y-o-Y with 5 per cent volume growth (4 per cent in Q1FY25).

 

International growth was 6 per cent Y-o-Y (13 per cent in constant currency or CC). 

 

The 13 per cent CC growth in international business saw Bangladesh (8 per cent growth) Middle East and North Africa (MENA) (43 per