New Delhi, Aug. 4 -- Marico, a leading player in India's consumer products sector with a focus on hair care and wellness, announced its June-quarter results today, August 4. The company reported an underlying volume growth of 9% for the Indian business, driven by positive trends in core franchises and the accelerated scale-up of new businesses.

Revenue from the India business stood at Rs.2,495 crore, up 27% YoY, further supported by price hikes in core portfolios in response to sharp inflation in input costs. The international business maintained its robust double-digit constant currency growth momentum, demonstrating resilience despite elevated input costs and currency headwinds in select markets.

However, the gross margin contracted b...