Q3 Results: Marico To Prioritise Market Share Over Margin, Says Saugata Gupta

Marico Ltd.’s operating margin expanded to 18.8 percent in the December-ended quarter from 18.5 percent in the year-ago period.

Mahima Kapoor

Published On

06 Feb 2019, 04:31 PM IST

Last Updated On

06 Feb 2019, 04:31 PM IST

Marico Ltd. health and beauty products are displayed on the shelf of a department store in Mumbai, India. (Photographer: Prashanth Vishwanathan/Bloomberg News)

Fast moving consumer goods maker Marico Ltd. is not willing to sacrifice its market share to expand its operating margin in the short term.

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Q3 Results: Marico To Prioritise Market Share Over Margin, Says Saugata Gupta

Marico Ltd.’s operating margin expanded to 18.8 percent in the December-ended quarter from 18.5 percent in the year-ago period.

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