Marico expects demand to pick up in the festive season. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Marico Ltd. on Friday said that it saw a stable second quarter in terms of demand, and further expects consumer sentiment to gradually improve during the upcoming festive season and months ahead, "aided by easing inflation, above-average monsoons, healthy crop outlook and policy stimulus".

The FMCG giant, in its business update for the second quarter, said it expects consolidated year-on-year revenue growth to touch the "thirties", on the back of pricing interventions and mix improvement, thereby "closing the first half of the year on a strong note and staying well on course to achieve the full year aspiration."

Marico also noted that despite absor

See Full Page