Marico Margins

To pay Rs 172 cr under the deal, which is expected to be completed by March 31

Further price cuts, higher advertising costs to weigh on margins

The company's Parachute coconut oil also recorded a marginal volume decline in the quarter

Stable price outlook for inputs such as copra, however, is a positive

However, some brokerages are cautious about growth trends though the company is better placed than peers on the raw material front

Lower copra costs and price cuts to aid volumes and margins

Brokerages are however positive on medium term growth outlook for core and new areas

Valuations, however, cap upsides in the near term

March quarter performance is expected to be strong on low base, price hikes

Stock tanks on flat top line in the September quarter, even as benign copra prices save the day, leading to a 16 per cent rise in pre-tax profit

Copra prices have come down by 32% in the current year