Marico Ltd (BOM:531642)
₹ 594.6 -8.8 (-1.46%) Market Cap: 768.77 Bil Enterprise Value: 761.98 Bil PE Ratio: 73.15 PB Ratio: 20.09 GF Score: 91/100

Q2 2024 Marico Ltd Earnings Call Transcript

Oct 30, 2023 / 12:30PM GMT
Release Date Price: ₹532.1 (-1.07%)
Operator

Ladies and gentlemen, good day, and welcome to Marico Limited Q2 FY '24 Earnings Conference Call. We have with us the senior management of Marico represented by Mr. Saugata Gupta, MD and CEO; and Mr. Pawan Agrawal, CFO. (Operator Instructions) Please note that this conference is being recorded. (Operator Instructions)

I now hand the conference over to Mr. Saugata Gupta for his opening comments. Thank you, and over to you, sir.

Saugata Gupta
Marico Limited - MD, CEO & Executive Director

Yes. Hi, everyone. Good evening to all those who have joined the call, and please accept my greetings for the festive season ahead. I would like to begin by reflecting on the operating environment for the quarter, most which I'll give you a flavor of the performance so far, followed by our strategy and outlook for the year ahead. During the quarter, demand trends remained largely in line with the preceding quarter. Q2 started on a positive note with reasonably encouraging demand trends in rural and urban in the month of July. This give us hope for a better quarter

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