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    Marico Q3 results today: Income growth seen at around 14%

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    Marico Q3 results today: Income growth seen at around 14%

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    From the consumer goods space, Marico will be reporting its third-quarter results on Tuesday. At Rs 367, the stock trades at around 43 times FY20 earnings.

    From the consumer goods space, Marico will be reporting its third-quarter results on Tuesday. At Rs 367, the stock trades at around 43 times FY20 earnings.
    • Marico, just like Titan Company, also have a cheat sheet; The company came up with their quarterly update. So total income growth is seen at around 14 percent.
    • Rs 1850 crore is what the street is expecting on the topline.
    • Margins likely to expand by a bit because the EBITDA growth is seen at 17.2 percent that means a margin expansion of nearly 50 bps; 19.1 percent is what the street is factoring in.
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