Marico
Retail
FMCG firms assure uninterrupted supply amid pandemic-induced curfew
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,...
Food
Marico says ‘has witnessed healthy momentum building across key portfolios’
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...
Big Grid
Marico sets revenue target of Rs 500 cr from immunity and healthy foods
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....
Big Grid
Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts
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...
Food
Marico Limited’s India business has delivered a robust 15% volume growth in Q3FY21
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...
Food
FMCG cos to hike prices to offset inflationary pressure on key raw material inputs
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...
Food
India business delivered a strong performance with double-digit volume growth: Marico
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...
Food
Marico Q2 net rises 7.9 pc to Rs 273 cr, sales up 8.7 pc to Rs 1,989 cr
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...
Food
Marico logs volume growth, notices revival in consumer demand in September quarter
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...
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...
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Latest News
Chai Sutta Bar opens 2 outlets in Bengaluru
The newly launched CSB outlets are located at Kalyan Nagar and NagarbhaviBengaluru: Quick service restaurant (QSR) chain Chai Sutta...
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