Home-grown FMCG maker Marico expects to deliver double-digit growth in the next one or two quarters in the domestic market, helped by its core franchises and expansion of new businesses, its Managing Director and Chief Executive Officer Saugata Gupta said. The company, which reported a 9 per cent rise in domestic volumes, now aims for a revenue growth of around 25 per cent this year, led by pricing actions, Gupta told PTI. "As far as overall revenue is concerned, we should be able to deliver in the mid-20s to around 25 per cent this year, given the pricing initiation," he said. Marico, which owns brands like Saffola, Parachute, and Livon, has "consistently improved volumes in sequential terms, Gupta added. "This (June) quarter, India Volume growth was up 9 per cent. So, high single-digit volume growth is possibly a base case for us. We will attempt to deliver double-digit growth in one or two quarters, which would be a great thing to do," he noted. While for its international ...
Despite the pressures on profitability most brokerages expect the company to post a double digit revenue growth and a gradual easing of cost inflation towards the end of the year
Stock market close highlights on Tuesday, Aug 5:Sensex settled 0.38 per cent or 308.47 points lower at 80,710.25 levels, while NSE's Nifty50 slipped 0.30 per cent or 73.20 points to 24,649.55 levels.
Marico shares slipped 1.8 per cent in trade, logging an intra-day low at ₹709.7 per share on BSE after posting Q1 results
With the 2025 monsoon tracking above normal and kharif sowing gaining momentum, the brokerage expects these FMCG names to benefit from a broad-based recovery in volumes.
Sensex Today | Stock Market LIVE Updates, August 4, 2025: In the broader markets, the Nifty MidCap100 and SmallCap indices edged higher by 0.26 per cent and 0.07 per cent, respectively
Domestic volumes rose 9 per cent, led primarily by its Saffola brand cooking oils and hair oils
Q1 FY26 company results, Aug 4: Marico, Aditya Birla Capital, Ather Energy, Bosch, Delta Corp, Siemens Energy India, Godfrey Phillips, and Inox India will release their April-June quarter report
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FMCG major Marico aims to be a Rs 20,000 crore company by 2030 by growing its revenue two-fold in the next five years, says its Chairman Harsh Mariwala. The company, which owns popular brands as Saffola, Parachute, and Livon, crossed the Rs 10,000-crore revenue milestone in the last 2024-25 fiscal. Terming this as an achievement, Mariwala, in the latest annual report of the company, said it is a reflection of the strength of Marico's brands and innovations, which are a vital lever in the pursuit of purposeful growth. The company is now gearing up for the next phase of transformation, aiming to achieve the next Rs 10,000 crore in revenues over the next five years. Even as we celebrate this significant accomplishment, we remain sharply focused on our next horizonscaling towards Rs 20,000 crore in revenue by 2030 guided by a clear roadmap rooted in innovation, purposeful brand building and operational excellence, said Mariwala while addressing the shareholders. Marico, which was earl
Analysts at Religare Broking maintain a bullish stance and recommend continuing with a "buy on dips" strategy, with a strong emphasis on stock selection
Q1FY26 revenue to rise in low 20s YoY; volume up despite price hikes; copra inflation pressures margins, but recovery expected in H2; strong performance across segments
The highlight of the quarter was volume growth recovering sequentially and expected to be at 9 per cent in Q1FY26, which is the strong start to the fiscal.
The consumer goods maker forecasts gross margin to remain under "incremental pressure" due to high costs of key raw materials such as copra
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Marico expects gradually improving growth trends in the core categories on the back of moderating trends in retail and food inflation as well as the promise of a healthy monsoon season.
Among key performers in the portfolio, Parachute coconut oil posted 22 per cent YoY value growth with 1 per cent volume decline, due to price hikes
Home-grown FMCG major Marico said it has extended the tenure of Managing Director & Chief Executive Officer Saugata Gupta by re-appointing him for next two years. "The Board of Directors of the Company at its meeting held on May 2, 2025, approved the reappointment of Saugata Gupta as the Managing Director & Chief Executive Officer for a further period of two years, from April 1, 2026 till March 31, 2028," Marico said in a statement. The board had also approved continuation of Directorship of Harsh Mariwala, Chairman and Founder of Marico, as a Non-Executive Director, based on recommendation of the Nomination and Remuneration Committee of the company. Gupta had joined Marico, which owns popular brands including Saffola, Parachutte and Livon, in 2004 as the Head of Marketing. He was elevated as CEO of India business in 2007. Since 2014, Gupta has been continuing as the Managing Director and Chief Executive Officer of the company.
Marico share price today: Marico's stock was quoting at ₹721.70, up 3.43 per cent on the National Stock Exchange