Marico earns around 11-12% of its revenue from Bangladesh, facing political unrest and business challenges.
Marico's 20+ years in Bangladesh suggest the current issues will have limited impact on its market position.
Bangladesh's share in Marico's international business dropped from 51% in FY22 to 44% in FY24, projected to fall to 40% in FY27.
Despite challenges, Bangladesh saw a 10% growth in constant currency during the June quarter, maintaining business momentum.
Marico's growth in MENA and South Africa has reduced dependence on Bangladesh, offering margin upside over the medium term.
Marico's consolidated net profit rose 8.7% to ₹464 crore, with revenue from operations increasing by 7% to ₹2,643 crore.