Parachute

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Two FMCG players - Marico and Godrej Consumer Products Ltd (GCPL) - in its quarterly updates reported that the overall consumer demand remained steady in the April-June period New Delhi: The fast-moving consumer goods (FMCG) sector witnessed a stable demand in...

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressures New Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...

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...

Several FMCG companies have reported sales growth in June and expect the momentum to continue in Unlock 2.0, though some challenges persist. According to a PTI report: Firms such as Godrej Consumer Products Ltd (GCPL) and Marico expect overall growth...