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Marico Q2 Earnings: Here's what to expect today

Updated : October 25, 2019 11:03:33 IST

Consumer goods company Marico is set to announce its September quarter results today. The management has said that the quarter was a rather weak one in terms of consumer sentiment. Here's what to expect from the company today:

  • The revenue growth is likely to come in at 5.7 percent at Rs 1,950 crore.
  • A 21 percent jump in the EBITDA is expected as the raw material prices have fallen.
  • That would imply a margin expansion of close to 200-250 basis points.
  • Net profit is likely to jump by about 15.5 percent and the company, unlike others, does not get the benefit of the lower tax rate.
  • Domestic volume growth is seen between 4 percent and 5 percent.
  • The important data point to watch out for apart from EBITDA margins will also be gross margins.
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