Saugata Gupta, the managing director and chief executive officer of Marico, talks about about the company's plans on acquisition
Marico's strong Q2 performance, led by Parachute volume growth and margin expansion, prompts brokerages to upgrade earnings estimates as the company raises its FY27 profit guidance
Marico reported a 29.16 per cent rise in consolidated net profit to ₹558 crore in the September quarter of FY27, led by strong volume growth in the domestic market.
Marico's consolidated net profit rose 31 per cent to ₹550 crore in Q2FY27, while revenue increased 13 per cent to ₹3,897 crore, supported by strong margins and India volume growth
Analysts said higher sugar prices and input cost inflation could weigh on FMCG stocks in the near term, with the impact varying across companies depending on their product mix and pricing power.
The company said its higher-end value-added hair oils segment, which includes premium and specialised products, posted growth touching twenties for the sixth straight quarter
Analysts highlighted improving rural demand, premiumisation and a gradual recovery in consumption as key positives.
The FMCG maker plans to strengthen its core portfolio, expand premium offerings, scale foods and digital brands, and sustain international growth to achieve its 2030 revenue target
The FMCG maker reported double-digit volume growth in its India business and expects to cross ₹15,000 crore in revenue while delivering high-teen Ebitda growth in FY27.
Q1FY27 company results: Firms including Deepak Nitrite, Godrej Properties, NHPC, Kalyan Jewellers, Zydus Wellness, and Metro Brands are also to release their April-June earnings today
Ajit Mishra, SVP - research, Religare Broking has recommned buying the shares of Marico, Hindustan Aeronautics, JSW Energy today
Marico and Godrej Consumer Products are among the most frequently preferred stocks across brokerages ahead of the earnings season that Nestle India kicks off on July 22
Marico will focus on strategy, which will aim at category leadership, premiumisation, market expansion, digital enablement, and continue to guide its priorities & investments, supported by execution
FMCG firms are set to post double-digit Q1 FY27 sales growth as heatwave-led demand boosts summer products, while volume growth remains steady
Stock to Watch today, July 3: Hindustan Zinc, Bajaj Housing Finance, LG Electronics India, PB Fintech, and Titagarh Rail Systems are among the top stocks to remain in focus today
Marico expects revenue growth in the early twenties for Q1FY27, driven by strong domestic demand, Parachute Coconut Oil and international business
Kunal Kamble, technical research analyst at Bonanza flags a decisive breakout on Marico, Eternal and Nestle India stock charts, suggesting a likely positive trend in the near-term.
Adani Enterprises, Aurobindo Pharma, GMR Airports, Gujarat Flurochemicals, Oracle Financial Services and Star Health Insurance from BSE 500 stocks registered 52-week highs on Wednesday.
The food regulator has issued notices to more than a dozen companies over alleged misleading claims, branding and labelling violations, and hygiene-related complaints
Vijaya Diagnostic Centre was quoting higher for the eight straight trading day, soaring 25 per cent during the period.