Marico, the consumer goods giant known for its Parachute hair products and Saffola oils, forecasts a double-digit growth in operating profit for the fourth quarter, driven by a recovery in consumer demand after several quarters of sluggishness. Following this announcement, the company's share price increased by 2.5%. Marico expects consolidated revenue growth in the low twenties for the quarter ending 31 March, with improved gross margins due to falling copra prices, a key raw material. The company highlighted that Saffola and Parachute, which together account for roughly 50% of its domestic revenue, are projected to see high and low single-digit growth, respectively. Additionally, Marico plans to acquire a 60% stake in Cosmix Wellness for ₹375 crore (approximately $45 million USD), enhancing its digital-first portfolio. This acquisition aligns with Marico's strategy to capitalize on the growing wellness and plant-based nutrition market, which is expected to contribute 25% of its total domestic revenue in the future.