HomeEarnings NewsMarico Q3 earnings today: Key things to keep in mind
Marico Q3 earnings today: Key things to keep in mind
By Mangalam Maloo January 30, 2020, 9:40:02 AM IST (Published)
Consumer goods company Marico is all set to declare its third-quarter results on Thursday. Here are the key things to keep in mind:
The Parachute rigids business and the value-added hair oil business, which account for the bulk of its revenues, as well as earnings, saw a slight decline in volumes.
Parachute, as well as value-added hair oils, will likely see a decline of 4-5 percent.
The Saffola business, which is a smaller but fast-growing part of the overall business, is likely to see double-digit growth of 10-11 percent.
The EBITDA margin is likely to improve given the benign copra prices.
A revenue decline of about 0.5 percent is expected at Rs 1,850 crore.
EBITDA is likely to jump 6.5 percent.
Favourable input prices would improve margins by almost 300 basis points.
Net profit is likely to grow at 3.3 percent.
The domestic volume growth is expected to decline anywhere between 0 percent and 2 percent.