Marico

Marico reasons that the profit was down mainly due to losses on translation of foreign currency receivables and higher Effective Tax Rate (ETR) New Delhi: FMCG firm Marico Ltd reported a decline of 2.84 per cent in its consolidated net profit...

Essential food items are fast disappearing from retail shelves, as well as e-commerce platforms with supplies getting disrupted in some parts of the country due to the recent Covid-induced restrictions. Night curfews and a weekend lockdown implemented in many cities,...

FMCG major Marico on Monday said it has witnessed healthy momentum building across its key portfolios and expects low double-digit bottomline growth in the fourth quarter last fiscal after being impacted by the COVID-19 pandemic, as per a PTI report. Marico, in...

FMCG company Marico expects to deliver "mid-teen growth" in volume terms in the next couple of quarters helped by "strong revival" in consumer demand as well as sentiments, and to continue "good growth" from the rural markets, said a top company official....

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...

In Q3FY21, Revenue from Operations grew by 16% YoY to INR 2,122 crores (USD 287 million) on the back of a strong domestic volume growth of 15% and a constant currency growth of 8% in the international business. Amidst steadily improving...

Consumers may have to shell out more money for their daily use products as FMCG firms, which are facing inflationary pressure on their key raw material inputs, are considering marginal hike on their products price to offset it. Some FMCG companies like Marico and others have already...

FMCG major Marico on Monday said it has witnessed faster than expected recovery in consumer sentiment in India and a strong performance in the third quarter this fiscal, after being impacted by COVID-19 pandemic. The company said it has observed strong performance across its portfolio with...

FMCG firm Marico Ltd on Wednesday reported 7.90 percent increase in its consolidated net profit at Rs 273 crore for the second quarter ended September 30, helped by robust volume growth in domestic business and a stable performance overseas. The...

FMCG major Marico on Monday said it has witnessed a partial revival in the consumer sentiment in the second quarter of the current fiscal after being impacted by the COVID-19 pandemic. According to a PTI report: Marico said although there...