financetom
Retail
financetom
/
Retail
/
Marico Q2 Earnings: Here's what to expect today
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Marico Q2 Earnings: Here's what to expect today
Oct 25, 2019 2:03 AM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved