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MARICO
Home-grown FMCG giant Marico expects to achieve double-digit revenue growth in FY25, driven by sequential improvements supported by price hikes and higher volumes, according to its MD & CEO, Saugata Gupta.
However, he noted that profitability may face inflationary pressure on material inputs in the second half of FY25. Despite this, the company's operating margin is expected to remain in the “broad region of 20 per cent,” aided by a strong and institutionalized cost management system.
“If you look at the volume growth trajectory every quarter, we have seen sequential improvement. We believe we should be able to achieve double-digit revenue growth, with our aspiration being to deliver top-quartile volume growth,” Gupta told PTI.#StockInNews
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