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Marico forecasts strong Q3 revenue growth as pricing pressures ease
THE WHAT? India-based FMCG group Marico has forecast that its third-quarter consolidated revenue will rise by a high-twenties percentage year-on-year, supported by easing inflation and recent tax cuts. THE DETAILS The Saffola and Parachute owner said its performance has remained resilient despite softer urban demand, with tax changes allowing the company to reduce prices…