Marico sees sequential uptick in volume in Q4 with improved market share

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Marico sees sequential uptick in volume in Q4 with improved market share - Business Standard

Quick Summary:

Marico has witnessed a sequential uptick in volume with an improvement in market shares across its key franchises during January-March quarter of FY25, but the company expects a contraction in gross margins due to high copra and vegetable oil prices, the home-grown FMCG firm said in a quarterly update on Thursday.

"In the given context, the India business posted a sequential uptick in underlying volume growth with improving market shares across key franchises," said Marico, which owns brands such as Saffola, Parachute and Livon.

During the quarter, the FMCG sector experienced stable demand trends amidst the improving trajectory in rural and mixed trends across mass and premium urban segments.