Marico’s EBITDA rose 7% on-year to ₹560 crore, slightly above expectations of ₹548 crore. However, margins softened to 16.1%, down from 19.6% last year and marginally below the Street’s estimate of 16.3%.
Marico’s EBITDA rose 7% on-year to ₹560 crore, slightly above expectations of ₹548 crore. However, margins softened to 16.1%, down from 19.6% last year and marginally below the Street’s estimate of 16.3%.