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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.

Mahima Kapoor
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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India Initiates Series Of Anti-Dumping Probes Targeting Chinese Imports

  • chevron-double-right India launched anti-dumping probes on Chinese mobile covers, solar encapsulants, rubber chemicals, and acids
  • chevron-double-right The investigations also target clear float glass from Malaysia, and solar encapsulants from South Korea
  • chevron-double-right Mobile covers from China face scrutiny due to alleged below-fair value sales, which harm domestic MSMEs
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