Marico Stock Jumps 6% on Strong Q1 Results and Bullish Outlook

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Marico shares surge 6.56% to ₹655.70 on BSE amid strong performance

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Marico reports a 4.9% rise in Q4FY24 net profit to ₹320 crore

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Marico records 1.69% year-on-year revenue growth in Q4FY24, reaches ₹2,278 crores

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Marico shares trade at 73.86x P/E ratio with EPS of ₹8.33

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Marico forecasts 11% YoY growth in the international segment in constant currency

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Marico forecasts significant margin expansion: gross margin to reach 52.2%, EBITDA margin 23.8%

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