Marico reports steady Q1 growth with strong volume performance
pre-market1 source ↓written by the desknot a recommendation
- stock saw
- 2% increase
Marico's Q1 FY27 results show strong India volume growth driven by Parachute, with revenue expected to rise in the early twenties. The stock saw a 2% increase, reaching ₹874.00, following a market cap of ₹1,09,194.30 cr. However, Saffola volumes declined due to optimization efforts. 📈
Key Points:
• International business grew in mid-teens
• Bangladesh market showed weakness
• Margins may improve as copra prices decline
Immediate market implications suggest potential for improved earnings ahead.
Not investment advice. For informational purposes only.