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Even with the good news, Marico had to spend more on raw materials: those costs shot up by over ₹500 crore from last year.
Still, they managed a healthy EBITDA of ₹581 crore.
On the market side, Marico's stock closed at ₹784.55 on April 30, giving investors a return of about 9% in six months and almost 8.6% over the past year.