Saffola
FMCG
Marico expects food business to reach Rs 850 crore in FY24
PTI -
Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings
New Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...
FMCG
Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
PTI -
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...
FMCG
Consumer demand stable in Q1, margins to improve: say FMCG players
PTI -
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
FMCG makers expect sustained recovery in volume and margins with price reduction in FY24
PTI -
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...
In Focus
Marico Q2 net profit falls to Rs 307 crore, revenue up at Rs 2,115 crore
PTI -
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...
Food
Marico forays into ayurveda space through popular brand Saffola
FMCG firm Marico on Wednesday announced its foray into the traditional Ayurveda products through its popular brand Saffola.
The company has introduced Saffola ImmuniVeda range in the healthy foods and immunity-boosting space, a segment which is witnessing a rapid growth...
Food
FMCG firms report sales growth in June as supply chains stabilise
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...
Food
Marico's India business sees 'low single-digit' fall in volume
IANS -
FMCG major Marico has registered a 'low single-digit' decline in its sale volumes in India during the January-March quarter of the financial year 2020-21.
In a regulatory filing, the company said that signs of improved across categories were seen until...
Food
Horlicks educates women by running Twitter campaign
To strengthen the brand's association with health and fitness, Horlicks has recently introduced a Twitter campaign #OathToHealth. The main objective of the campaign was to kick-start the New Year by promoting healthy habits among its fans and followers.
Mindshare designed...
Beauty & Wellness
Marico launches new Parachute hair oil
Consumer products maker Marico on Thursday launched its new Parachute Ayurvedic hair oil in Andhra Pradesh, as part of its launch of the product in the southern states.“The product has been developed in association with Arya Vaidya Pharmacy of...
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Latest News
The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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