Worst of inflation over and there is gradual recovery for FMCG, says Marico MD & CEO “I think the worst is behind,” said Saugata Gupta, adding, “Overall for FMCG, we see a gradual recovery, but that… February 20, 2023 10:18 IST
HUL, Britannia, Nestle, Marico, others bet on rural recovery to lift profits A pick-up in demand in rural market is seen as a reflection of improving trends in the economy, which is… February 17, 2023 15:10 IST
FMCG players looking at demand recovery in rural markets, increasing marketing spends In the third quarter ended December 31, 2022, the companies reported growth in the urban markets. Modern trade channels and… February 6, 2023 11:37 IST
Marico eyes revenue boost from food business Earlier in the year, Marico forayed into healthy spreads with Saffola Peanut Butter. During the second quarter ended September, it… November 24, 2022 03:00 IST
Volumes to start picking up Q3 onwards: Marico MD Marico had acquired a 45% stake in Beardo, a male grooming products firm, in 2017 and the remaining stake in… September 20, 2022 04:40 IST
Marico’s price cuts yet to push up Parachute volumes While Marico expects gradual pick-up in volumes in Parachute oil from July-September, the overall volumes for the company seem to… August 12, 2022 05:00 IST
Marico Q1 net profit rises 3% to Rs 377 cr Company’s India business saw 3.56% on year decline in sales to Rs 1,921 crore because of lower volumes of Saffola… August 7, 2022 02:00 IST
Consolidated operating margin to be around 18-19% in FY23: Marico In diversification, the company will continue to drive the premiumisation of its hair nourishment products, and scale up its food… July 14, 2022 06:15 IST
Marico rating – Buy: Margins are getting better for company Demand subdued in Q1; firm to gain from a resilient core and future growth vectors; ‘Buy’ retained July 11, 2022 02:45 IST
Marico plans to strengthen focus on health food portfolio As part of the plans, Marico will also be onboarding significant manpower for exclusively selling the company’s food products. June 6, 2022 03:15 IST
Marico Q4 net profit up 13.2% to Rs 257 crore The company highlighted that in India, rising inflation levels, exacerbated by geo-political tensions, continued to weigh down the overall consumption… May 6, 2022 02:15 IST
Consumer staple firms may extend cost-cutting measures in FY22 to avoid adverse impact on operating margins Cost savings were in focus for consumer staple companies to avoid margin pressure as raw material prices remained inflated. September 20, 2021 14:48 IST
FMCG Pent up demand may push sales on normal monsoon this year With drought in different parts of the country putting pressure on rural sales, FMCG firms including Marico, Dabur and Godrej… May 4, 2016 17:05 IST
Downgrade Marico after recent run up: Kotak Marico delivered a broadly in-line Q3FY15 despite unexpected sharp decline in the company’s Egypt business. February 6, 2015 02:14 IST
Strong brands help Marico boost sales The benefits that a company can reap by investing in creating a strong brand for its products is exemplified by… Updated: December 1, 2014 04:31 IST
Marico net rises 11.71% FMCG company Marico, maker of Saffola edible oil, on Friday reported an 11.71% year-on-year increase in consolidated… Updated: November 8, 2014 01:26 IST
5 Photos Top 5 business happenings today: Kangana Ranaut signs up with Voylla, Marico relaunches hair serum, Paytm adds to Wallet app feature, more Fashion jewellery firm Voylla today said it has roped in actress Kangana Ranaut as its brand ambassador. “For us, it… October 15, 2015 11:30 IST View Photos
