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2 mins read

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…

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1 min read

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   


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3 mins read

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…

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4 mins read

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   


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4 mins read

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…

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3 mins read

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…

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1 min read

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   


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4 mins read

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 …

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2 mins read

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…

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3 mins read

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…

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5 mins read

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…

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3 mins read

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…

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5 mins read

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…

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2 mins read

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   


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5 mins read

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…

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5 mins read

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…

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3 mins read

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…

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8 mins read

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…