New Delhi, Aug. 4 -- Marico Ltd delivered one of its strongest quarters in years as easing raw material costs lifted margins and enabled the maker of Parachute coconut oil to hold prices after earlier cuts. Management said it does not expect any further pricing action over the next couple of months as it enters the seasonal off-season and sees no pricing corrections on the cost side.

The company also said it remains confident of navigating the current short-term macroeconomic headwinds.

"Given the fact that we'll now be moving into the offseason in the next couple of months, we don't see any pricing corrections to happen on the cost side, and therefore we do not expect any further pricing action from our end," the management said during...