Marico Q2 Update: Consolidated Revenue Growth Remains In Double Digits

Parachute coconut oil posted near mid-single digit quantity development, as per the corporate. The decrease development was on the again of the ml-age discount in one of many key price-point packs, in lieu of a value enhance. The model has taken one other spherical of value hikes on the finish of the quarter ended Sept. 30, 2024, resulting from larger copra costs.

Saffola Oils additionally posted weak income development in low single digit numbers.

Whereas the Worth Added Hair Oils section noticed subdued development resulting from aggressive headwinds, the corporate expects gradual enchancment in demand developments.

The meals and digital-first manufacturers sustained their sturdy momentum and scaled up nicely forward of targets, the corporate mentioned.