New Delhi, July 2 -- Marico Ltd, the maker of Parachute Coconut Oil and Saffola Oils, said it expects strong operating profit growth in the April-June quarter, driven by robust business growth and softening in copra prices.

"Demand trends during the quarter remained steady, supported by resilient economic activity," Marico said in its quarterly update filed with the stock exchanges on Thursday. "We remain optimistic about consumption trends, while closely monitoring the evolving inflationary conditions and the impact of El Niño on the monsoon."

The company expects consolidated revenue to grow in the early 20s, driven by robust broad-based performance across its core, digital and international businesses. The cost of crude-linked de...