ICICI Securities Ltd | Retail Equity Research Marico delivered yet another quarter of healthy volume growth with 8% growth in Q1FY17. However, price cuts taken by the company owing to a decline in copra prices proved to be a drag on the topline as consolidated net sales remained flat at | 1749.9 crore for Q1FY17 Parachute rigid packs, value added hair oils and Saffola reported robust volume growth of 7%, 9% and 11%, respectively Operating margins expanded 314 bps to 21.3% on the back of a...