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Our aspiration is to get into double-digit revenue growth: Marico

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Indian consumer goods company Marico reported a 3% increase in volumes for its India business in the March quarter. The company aims to improve its top-line in the coming quarters after experiencing price cuts in its Saffola edible oil portfolio. Marico plans to enhance its direct distribution in rural markets and expand its presence in urban areas. The company also intends to focus on the premium end of its value-added hair oil portfolio and aims to achieve double-digit revenue growth in the future. Furthermore, Marico has set targets to double its food, premium personal care, and digital-first brands over the next three years.

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