From The Economic Times
Center-Right Owned by Bennett, Coleman & Co.Marico sees copra prices ease 35% from peak, but crude-linked costs and vegetable oil inflation pose risks
What's behind this
On November 3 2026, a packed earnings calendar saw many Indian firms reporting Q2 results, with SBI, NSE, Bajaj Finserv, Solar Industries, Fortis, Gujarat Fluoro, Bajaj Holdings, Lloyds Metals, Lupin, MCX, Emcure Pharma, AIA Engineering and Zydus Wellness slated to announce earnings. After the releases, KRBL, Marico and MobiKwik shares rose, while Petronet LNG, Wockhardt and KEC International shares fell. Mold‑Tek Packaging disclosed a 36 % profit jump to Rs 21 crore and a 31 % revenue surge for the quarter, driven by pharma and FMCG demand. Marico climbed 8 % on an earnings beat, analysts raised targets, Trident jumped 11 % and KEC International dropped 7 %.
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Marico reported a significant expansion in gross margins due to a 35% decrease in copra prices. The company achieved a 27% year-on-year growth in consolidated EBITDA, indicating strong profitability. While Parachute volumes grew, revenue growth was limited primarily due to prior price reductions…
RSS excerpt
Marico reported a significant expansion in gross margins due to a 35% decrease in copra prices. The company achieved a 27% year-on-year growth in consolidated EBITDA, indicating strong profitability. While Parachute volumes grew, revenue growth was limited primarily due to prior price reductions…
