Marico

Top FMCG players, including Hindustan Unilever, Dabur, Marico and Emami would have performed much better in first quarter had sales not been impacted by de-stocking ahead of GST implementation, according to industry experts. According to a PTI report: While HUL...

FMCG major Marico on Tuesday reported a decline of 12 per cent in its consolidated net profit to Rs 235.94 crore for the first quarter (Q1) ended June 30. According to the company, its India business during the quarter under...

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...

Home-grown FMCG firm Godrej Consumer Products Ltd (GCPL) has slashed its soap prices by 6 to 8 per cent, extending the tax benefits to its consumers, while absorbing the hike in hair colours. According to a PTI report: The company...

FMCG companies are revising prices of their products after the implementation of GST and are extending the tax benefits to the consumers under the new tax regime. According to a PTI report: The companies such as Patanjali, ITC, HUL and...

FMCG firms are preparing for reduced stocks in their trade channels for a couple of months as anxious dealers cut down inventory levels in the run up to GST, the new indirect tax regime, from July 1. According to a...

FMCG major Marico on Tuesday reported a surge of 25.50 per cent in its consolidated net profit for the fourth quarter of 2016-17. The company's consolidated profit after tax increased to Rs 170.91 crore during the quarter under review compared...

FMCG firm Marico expects to grow in double digits for the next 4-5 years and is keeping options open for acquisitions in India and overseas markets to realise its ambitions. According to a PTI report: The Mumbai-based firm is betting...

Marico Ltd has acquired a 45 per cent stake in Beardo, a men’s grooming brand that sells beard oils, beard waxes, soaps and other grooming products for men’s facial hair. Marico took a 45 per cent equity share Beardo’s parent...

FMCG firm Marico on Friday reported 6.82 per cent decline in consolidated net profit at Rs 191.64 crore for the October-December quarter on account of lower income due to demonetization. The company had posted a net profit of Rs 205.68 crore...