Wednesday, 4 January 2023

Marico

Consolidated revenue in Q3FY23 grew in low single digits on a year-on-year basis. As there has been some semblance of stability in key input prices and consumer pricing across key franchises, gross and operating margins are expected to improve both on a sequential and year-on year basis. Company expects a modest growth in operating profit due to lower revenue growth.

India Daybook – Stocks in News

*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY  *TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 c...