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Marico Q2 Results Review - Expect Better Volume In H2; Sharp Price Cuts To Weigh On Sales Growth: Nirmal Bang

Price cuts, consumption of relatively higher cost inventory and sharp currency depreciation affected profitability in Q2 FY23.

<div class="paragraphs"><p>A girl holding Parachute hair oil bottle manufactured by Marico Ltd. for photograph. (Photo: Usha Kunji / BQ Prime)</p></div>
A girl holding Parachute hair oil bottle manufactured by Marico Ltd. for photograph. (Photo: Usha Kunji / BQ Prime)
BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. 
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