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Price drops hurt Marico in Q1 as revenue declines 3% despite volume growth; recovery likely by H2
FMCG major Marico reported a 15% growth in Q1 net profit to ₹436 crore as compared to ₹377 crore in…
Marico shares zoom nearly 10% after Q4 earnings; mcap climbs ₹6,768 crore
On the NSE, it zoomed 9.76 per cent to Rs 582.10 per piece. The company's market capitalis…
PTI
Price cuts might not bring in volume growth for FMCG majors in Q2 say analysts
It might be a slow second quarter for FMCG companies with hazy volume recovery and tapering raw mat…
Marico's revenue from operations grew by 31% YoY to ₹2,525 crores in Q1FY22; advertising and sales promotion sees a growth of 27% YoY
There has been a 21% constant currency growth in Marico’s International Business
FMCG makers expect sustained recovery in volume and margins with price reduction in FY24
Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-movin…
PTI
Sensex, Nifty50 edge up in morning trade led by banks, auto and realty stocks
India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Monday amid positiv…
Easing commodity prices & softening inflation likely to boost Q4 earnings of FMCG companies
Fast-moving consumer goods (FMCG) companies are expected to report robust revenue and net profit gr…
IndiGo profit soars to ₹1,422.6 crore in December quarter
InterGlobe Aviation, the parent of the country's largest airline IndiGo, on Friday reported a steep…
PTI
Sensex, Nifty50 end lower weighed down by a selloff in Bajaj twins, heavyweight ICICI Bank, Infosys
Indian benchmark indices ended lower on Thursday weighed down by a selloff in Bajaj Finance, Bajaj …
Startup funding hits a 5-year low in July-September quarter
Indian startup funding hit a five-year low in the third quarter of the calendar year, says a report…
Marico has been reducing the price of Saffola and Parachute, and it may go down further
Even Marico — the company behind brands like Saffola and Parachute — had taken part in this pric…
Banks, autos steal limelight in Q1 profit growth, while commodity driven firms remain under pressure
More than half of the companies that have announced their earnings so far have either met or exceed…
Marico's profit up by 14.1% to Rs 227 crore in Q4FY21; advertising and sales promotion sees a growth of 35% YoY
Saffola Honey is on its course to touch revenues of Rs 100 crore
Marico is paying the price for rising inflation because its buyers aren’t able to
Shareholders of the ₹6,450 crore ($865 million) consumer products maker — popular for its Parac…
FMCG sector Q1 preview — Caught between price cuts and volume growth
FMCG companies are expected to show strong margins in Q1 of FY24, backed by the full effect of earl…
Parachute and Saffola maker Marico says almost all of its products are back in demand – more importantly, the recovery is in rural India
Revenue from operations of the company went up by 16.33 per cent to Rs 2,122 crore during the q…
PTI
Britannia is unable to improve its profit despite a price increase — what’s next
However, this too may not be working as effectively as the segment may have imagined. The simple…
From cookie king Britannia to soap titan HUL, inflation is eating profits away — so, you may have to pay even more for daily essentials
Inflation is biting even for some of the country’s largest companies. For instance, even though the…
Top stocks to watch — Hero Moto, Airtel, Tata Motors, ICICI Bank, Adani Gas, Marico, Titan, Dr Reddy’s and others
Amidst negative cues from the global markets, the Indian equities are likely to open flat on Wednes…
Inside India’s consumption slump— stories from Godrej Consumer to Page Industries to Emami and many more
In the last one month, at least ten companies have seen cuts in earnings estimates anywhere betw…