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 cent), South Africa (20 per cent) and Vietnam (7 per cent) all contributing towards it.
Marico's Parachute coconut oil posted 10 per cent Y-o-Y growth in value with 4 per cent Y-o-Y growth in volume.
A 4 per cent price hike was also seen at the quarter's end.
Parachute gained 110 basis points (bps) market share.
Value-added hair oil revenue was down 8 per cent Y-o-Y due to weakness in the segment.
Saffola oil had almost flat volume growth, with revenue growing 2 per cent.
The foods segment recorded strong growth of 28 per cent.
Bu hikaye Business Standard dergisinin October 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Standard dergisinin October 31, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
India may become global leader in 5G FWA mkt by 2027
India is expected to become the world's largest 5G fixed wireless access (FWA) market by 2027 with over 30 million subscribers and overtake the US, the current global leader with 15 million subscribers, according to Counterpoint Research.
Crypto or not: Industry to focus on user protection, licensing regime
A consultation paper on the crypto sector is expected to suggest clarity on regulations after WazirX breach, says CoinSwitch co-founder
Pant, Iyers knock it out of the park
IPL Mega Auction: Star wicket-keeper most expensive player at ₹27 cr; Shreyas, Venkatesh bag hefty pay cheques
Eastern states are country's growth engine, says Modi
Prime Minister Narendra Modi asserted on Sunday that his government considers India's eastern region as the country's growth engine, while the area was considered backward earlier.
The other side of financialisation
There's been a dramatic rise in loans against gold in the past one year, but growth in unsecured loans is slowing. Bank loans to the NBFC sector have also dipped
Demand for super top-up health insurance plans rises after Covid
Demand for super top-up plans in health insurance has increased significantly post the Covid-19 pandemic, owing to a rise in medical costs and increased insurance awareness in the country, industry insiders have said.
Countdown to Feb 1 begins
FY26 Budget will come only six months after the last one, but has all the signs of becoming a hallmark document
Greening AI for sustainable computing
Technologies are providing solutions to many business and social problems. However, the solution itself is becoming a problem for climate action.
Agentic AI: The next frontier
A new iteration of AI is now taking the world by surprise. Agentic AI can take its own decisions. ARYAMAN GUPTA & SHIVANI SHINDE report
Visit developer's past projects to evaluate service standards
Renting temporarily can be useful to assess suitability before committing to purchase