Marico Ltd. Reports Mid-Single Digit Volume Growth in Q2 FY25; International Business Shines

Marico Ltd. has reported an update on the operating performance and demand trends for the quarter ended September 30, 2024. The domestic business posted mid-single digit volume growth, exhibiting improvement on a sequential basis. The International business delivered robust low teen constant currency growth with each of the markets contributing positively. Consolidated revenue growth remained in high single digits. The Company expects to deliver double-digit revenue growth in this year, but with a focus on revenue growth aspiration while remaining watchful on the margin front during the second half of the year.