Rating: hold; Marico: Positive outlook for FY24 Raw material prices ease, but oil prices and growth remain a concern 3 years agoMay 8, 2023
Marico Q4FY23 profit up 18.7% on-year to Rs 257 crore, beats estimates; revenue at Rs 2,240 crore Marico recorded the quarter revenue from operations at Rs 2,240 crore, up 3.7 per cent from Rs 2,161 crore in… 3 years ago
Marico Q4FY23 results preview: Profit may grow in double digits, but sales may remain muted as India biz drags Marico is expected to report a double-digit profit growth jumping as high as 14 per cent. Marico had posted a… 3 years ago
Marico sees stronger margins in March quarter The disclosures were made as part of its quarterly update for Q4, where the company said it saw gradual recovery… 3 years agoApril 4, 2023
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… 3 years ago
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… 3 years ago
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… 3 years ago
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… 3 years agoNovember 23, 2022
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… 3 years agoSeptember 19, 2022
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… 3 years agoAugust 11, 2022
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… 3 years agoAugust 6, 2022
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… 3 years agoJuly 13, 2022
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 3 years agoJuly 10, 2022
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. 3 years agoJune 5, 2022
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… 4 years agoMay 5, 2022
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. 4 years ago
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… 10 years ago
Downgrade Marico after recent run up: Kotak Marico delivered a broadly in-line Q3FY15 despite unexpected sharp decline in the company’s Egypt business. 11 years ago
Marico sees volume-led recovery in Q1 on rural demand, international momentum – Parachute steady, Saffola shines
