{
Saugata Gupta

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Marico anticipates food inflation moderation and double-digit growth in FY25

Marico anticipates double-digit revenue growth in the second half of FY25, with food inflation expected to moderate in the coming quarters, boosting urban consumption. Currently, premium and food segments account for 21% of revenue, projected to rise to 30% in five years. The company has raised prices for its Saffola range due to rising raw material costs, including coffee, cocoa, and palm oil, but plans to absorb some costs to maintain volume growth and market share. Gupta also noted that crude oil prices are not expected to fluctuate significantly in the near term.
Moneycontrol
United States Dollar Marico Limited IND Saugata Gupta Show more
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09:12 17.11.2024
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