Marico expects a "higher-than-anticipated gross margin contraction" as key inputs faced 'higher-than-expected' inflation, said the homegrown firm which is the maker of Saffola, Parachute, Hair & Care, Nihar and Livon etc.
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/sequential-uptick-operating-profit-growth-to-be-modest-as-higher-input-costs-impact-q3-marico/116931965
from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/personal-care-pet-supplies-liquor/sequential-uptick-operating-profit-growth-to-be-modest-as-higher-input-costs-impact-q3-marico/116931965