Marico will be reporting its Q3 earnings today. A lot of the qualitative parts of the results are factored in the stock price which is very close to its record high.

The company in its Q3FY21 update had said that the India business has delivered a double-digit volume growth and Parachute Coconut Oil had grown higher. Value-added products and Saffola Edible Oil also continued to grow. The company also saw exponential growth in its food business.

Therefore, the Street expects the company to post revenue growth of 11 percent. Margins are expected to be around 20.5 percent and net profit is expected to be around Rs 300 crore. Domestic volume growth is seen between 10-12 percent.

Parachute portfolio is expected to grow at about 8-10 percent and the value-added portfolio is seen to grow between 12-15 percent.

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(Edited by : Ajay Vaishnav)