Page 13 - Marico

Marico Q2 net profit rises 8% to Rs 273 crore, led by volume growth

Total expenses were up nearly 8 per cent to Rs 1,641 crore in Q2, as the firm witnessed inflationary trends.

Marico logs volume growth, notices revival in consumer demand in Sept qtr

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

Covid triggers wave of innovations as consumers turn finicky about hygiene

From personal to home hygiene, new items succh as UV disinfectants, sanitising boxes, free-finger touch devices, DIY grooming kits gain traction

BS READS: How Beardo shaped hair grooming biz into an investors' gold mine

Built on an initial investment of mere Rs three crore, Beardo sold at an estimated valuation of Rs 350-400 crore in a two-phased acquisition by Marico

Trying to position beer as a home consumption drink: United Breweries MD

In a Q&A, Rishi Pardal says he is happy some states hace rolled back liquor tax, and thar hus firm is positioning beer as a home drink even as it waits for bars to reopen

Tata Consumer Products overtakes Marico in m-cap; stock scales fresh peak

Since July 1, shares of Tata Consumer Products have surged an impressive 41 per cent, BSE data shows.

Small firms losing market to big FMCG brands as buyers go for trusted names

Normalcy in operations, push into rural areas aid growth

Fighting Covid-19: Marico launches Protect range surface disinfectant spray

FMCG major Marico on Thursday announced the launch of Protect range of surface disinfectant sprays, strengthening its portfolio into the fast-growing segment of safety and hygiene after Covid-19.

Marico: Management's positive commentary offers some comfort, say analysts

Hair oil volumes return to pre-Covid levels, but staying there won't be easy

Marico Q1 net profit rises 23.17% to Rs 388 cr, revenue falls by 11.12%

Its total expenses declined 7.39 per cent to Rs 1,501 crore in Q1 FY 2020-21, compared to Rs 1,752 crore

MARKET: Sensex slips 194 pts as financials fall; Nifty Bank tanks 813 pts

All that happened in the markets today

Marico CFO Vivek Karve resigns, Pawan Agrawal to be his successor

The board of the company in a meeting held on Thursday has accepted the resignation of Karve, who was associated with Marico from last 20 years

FMCG hits the road to recovery on rural uptick, focus on essentials

Local lockdowns in several cities remain a concern, but impact would be limited, say analysts

Marico declines 4% on profit-booking post June quarter business update

The manufacturing of parachute & value-added hair oils was significantly impacted by lockdown with billing only resuming in the latter part of April.

We're optimistic despite volatile biz climate, consumer sentiment: Marico

The distribution network also improved progressively during the quarter with the government gradually easing the movement of food and grocery items of daily use, the company said

Nifty is headed towards 10,900, says Vinay Rajani of HDFC Securities

The support for Bank Nifty is seen at 21,500, while Nifty has got support at 10,300.

Many manufacturing companies weighed labour cost cuts even before lockdown

Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar

Marico Foundation rewards innovators making a difference in Covid fight

Three products that offer innovative and affordable protective solutions have been selected

Direct to home

Doorstep delivery is the biggest opportunity thrown open by the coronavirus crisis. Inevitably, new leaders will emerge in this landscape

Covid-19 impact on sectors: Consumption story hits the slow lane

The Rs 20-trillion stimulus package announced by the prime minister on Tuesday evening should help improve the fortunes of India Inc and these sectors