financetom
Business
financetom
/
Business
/
Marico Q4FY21 earnings: Expect revenues to grow by 22%
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Marico Q4FY21 earnings: Expect revenues to grow by 22%
Apr 30, 2021 4:38 AM

Marico will report its Q4 earnings on Friday. The street is expecting a strong recovery as the company has given its pre-quarter business update. It said that India has actually seen a very strong double-digit growth.

Parachute has led from the front, Saffola has shown great performance in the last 5-6 quarters and has grown in double-digits this time around.

Value-added hair oil, which was most impacted the last couple of quarters because of the pandemic, will now see a strong bounce back.

As per CNBC-TV18 poll, revenues likely to grow by 22 percent at Rs 1,820 crore. EBITDA to grow at 14 percent at Rs 320 crore that means margin compression of almost 150 basis points and net profit to grow at around 10.5 percent.

CNBC-TV18’s Mangalam Maloo has more details.

(Edited by : Priyanka Rathi)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
RenaissanceRe Stock Undervalued Despite High ROE, Reduced Catastrophe Risk, BofA Says
RenaissanceRe Stock Undervalued Despite High ROE, Reduced Catastrophe Risk, BofA Says
Mar 26, 2025
11:21 AM EDT, 03/26/2025 (MT Newswires) -- RenaissanceRe's ( RNR/PF ) stock valuation has significantly declined, both in absolute terms and relative to peers, despite regaining its high return on equity levels from the early 2000s and reducing its exposure to catastrophe risk, BofA Securities said in a note on Wednesday. Since the COVID-19 pandemic, RenaissanceRe's ( RNR/PF ) earnings...
Mexico's Pemex has paid 147 billion pesos in debt to suppliers, president says
Mexico's Pemex has paid 147 billion pesos in debt to suppliers, president says
Mar 26, 2025
MEXICO CITY, March 26 (Reuters) - Mexican state energy company Pemex has paid 147 billion pesos in debt to suppliers, President Claudia Sheinbaum said Wednesday. Pemex is one of the most heavily indebted state oil producers in the world. ...
Visionary Holdings Launches New Fund In Hong Kong To Propel New Energy Vehicle Industry: Details
Visionary Holdings Launches New Fund In Hong Kong To Propel New Energy Vehicle Industry: Details
Mar 26, 2025
Shares of Visionary Holdings Inc ( GV ) are trading higher on Wednesday after the establishment of Hong Kong fund. The company has introduced the Visionary Industrial Development LPF in Hong Kong. The fund aims to deliver crucial financial backing to the new energy vehicle industry, serving as a key step in fostering the long-term growth of Visionary’s PEGASUS New...
BCE's Bell Media Unit Acquires Majority Stake in Sphere Abacus
BCE's Bell Media Unit Acquires Majority Stake in Sphere Abacus
Mar 26, 2025
11:29 AM EDT, 03/26/2025 (MT Newswires) -- BCE's (BCE) Bell Media unit said Wednesday it has acquired a majority stake in Sphere Abacus through its parent company Sphere Media International, in a move to expand the reach of Canadian content globally. As part of the acquisition, UK-based Sphere Abacus becomes the main international distributor of Bell Media's owned distribution rights,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved