Marico beats Q1 profit estimates on cooking, hair oil demand
![Marico beats Q1 profit estimates on cooking, hair oil demand](https://media.fashionnetwork.com/m/0aa1/c1a6/ccda/a33b/c045/fc9d/62d6/9caa/28b3/0b34/208x208/0b34.jpg)
Marico which owns the Saffola and Parachute packaged oil brands, reported a slightly bigger-than-expected increase in first-quarter profit on Monday, helped by steady demand and said its earnings would grow this year.