Page 14 - Marico

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

Beauty takes back seat as essential items become priority amid lockdown

Beauty products segment witnesses 0.8% decline in March, says Nielsen

Covid-19 impact: Restrictions on movement still a pain point for FMCG firms

According to the Federation of West Bengal Truck Operators' Association (FWBTOA), truck availability has only improved marginally around 10 per cent of a total 9 million trucks in India.

Marico shares jump 6% as Q4 earnings meet estimates, margin expands

Marico's earnings before interest, tax, depreciation, and amortisation (Ebitda) margin increased by 58 basis points YoY to 18.9 per cent in Q4FY20

Market Ahead, May 5: All You Need To Know Before The Opening Bell

With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months

Higher dependence on hair oil segment puts Marico on slippery slope

Saffola volume surges by a fourth, but 8-11% volume fall in hair oil pulls down top line by 7%

Hindustan Unilever's valuation premium over peers hits record high

Trading at 77x, its trailing 12-month net profit against industry average of about 43x

PM's complete silence on economic package worrying: Marico's Harsh Mariwala

In an interview with Viveat Susan Pinto, Harsh Mariwala, chairman, Marico, expresses his fears, saying the road ahead for industry will not be easy

Marico, Godrej Consumer may see revenue decline in Q4 due to lockdown

Marico said it would see a "modest decline" in its Ebitda for the March quarter due to an unfavourable product mix

Covid-19: Marico unveils Rs 2.5 cr prize for innovative healthcare solution

"I too, am making a pledge in my personal capacity, making thetotal grant value to Rs 2.50 crores," its chairman Harsh Mariwala said