economictimes.indiatimes.com Β·
marico ceo saugata gupta confident of double digit revenue growth eyes rs 15000 crore target by fy27

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AI insight
AI-generatedMarico, an Indian FMCG company, expects double-digit revenue growth driven by pricing and volume. Copra (coconut) price surge caused input cost inflation, but volume remained positive. Easing input costs and strong performance in value-added oils and foods support margin expansion. El Nino risk could affect agricultural supply. The impact is company-specific and India-focused.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources β not direct quotes from the publisher.
- Marico targets Rs 15,000 crore revenue by FY27, adding Rs 5,000 crore in two years.
- Copra prices surged 100%, leading to 60% price hike for Parachute brand.
- Parachute maintained positive volume growth despite price hike.
- Marico expects high-teens EBITDA growth in FY27, supported by easing input costs.
- El Nino effects on agricultural output pose a risk.
El Nino risk could push copra prices up 5-10% in the mid-term, tightening supply.
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