HOW MARICO BUCKED THE SLOWDOWN TREND IN Q4

摘要

Consumer goods major Marico reported its highest domestic volumes growth in three quarters as the Mumbai-based firm emerged an outlier in a market reeling from a slowdown. For the three months ended March 2019 (Q4), Marico's net sales, operating profit and net profit (excluding tax writebacks) grew 9 per cent, 12 per cent and 18 per cent, respectively, from a year earlier, surprising analysts, even as overall volume growth came in at 8 per cent. Domestic volume growth, too, came in at 8 per cent over the year -ago period while international business reported 14 per cent growth.