Page 4 - Marico

Tech Talk: Marico's Chairman on Leveraging Tech & Innovation for Business Growth

In this episode of Tech Talk, we sit down with the visionary Chairman of Marico to explore the role of technology and innovation in driving business growth.

Healthy growth outlook keeps market experts bullish on Marico's stocks

The company aims at double-digit growth, driven by improving growth in core segments, rapid scaling of new-age businesses, and steady gains in international markets

Rural market at turning point with growth potential, says Marico MD & CEO

The "aspirational" rural market is at an "inflexion point, which offers significant opportunities and long-term potential to the FMCG companies with price point packs, said Marico M D & CEO Saugata Gupta. The hinterland, with its large population base and rising disposable income offers 'headroom for growth' for FMCG as people there now aspire for the same brands of products as other markets Gupta told PTI. Per capita income is on the rise, helped by the government's spending on infrastructure, and an increase in the minimum support price of crops, which has helped in a significant uplift in terms of quality of life for the rural class, he said. "So, I believe that this is an inflexion point, said Gupta adding "for the large FMCG players this is an opportunity to continue to invest in rural because if you really look at it, everybody is chasing that same urban consumer whether it's D2C brands or international brands. Marico is present in the rural markets with price point packs ..

Marico Q3 results: PAT rises 4% to Rs 399 crore, revenue jumps 15%

Marico's expenses rose 17.7 per cent to Rs 2,318 crore ($267.54 million) during the third quarter ended December 31

Buy Marico, SRF, Sell Feb Futures of HPCL: Ajit Mishra of Religare Broking

Stocks to Buy Today, Jan 30: Nifty is recovering amid choppy conditions and approaching its critical resistance at 23,300 (20-DEMA)

Ajit Mishra of Religare Broking picks Biocon, Marico as stocks to buy today

Stocks to Buy Today: Ajit Mishra of Religare Broking suggests buying Biocon shares and Marico shares. He also suggests shorting Asian Paints shares

Biocon, Marico among 5 mid-, small-cap stocks holding fort in a weak market

The overall market trend has been negative with over 60% of the Nifty Mid- and Small-Cap stocks now trading below the long-term moving averages; however, these 5 stocks continue to buck the trend.

FMCG index gains over 1% in weak market; HUL, Marico, Colgate rally upto 5%

The upcoming Union Budget is the near-term catalyst, where central government actions to revive consumption cycle would be key.

FMCG makers expect inflation to hit volume growth, operating profit in Q3

Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth. One of the reasons could be that a number of companies have opted for a price hike in the December quarter due to rising costs of input items such as copra, vegetable oil, and palm oil. The price hikes came at a time when the urban market was dragged down by lowered consumption due to high food inflation. However, the rural market, which is slightly above one-third of the total FMCG market, stayed ahead of it. Some of the listed FMCG companies, such as Dabur and Marico, shared their updates for the third quarter of FY25, and analysts expect either flat or low single-digit volume growth. Home-grown firm Dabur expects a "low single-digit .

Marico forecasts higher quarterly revenue growth on cooking oil demand

However, sales in large cities are under pressure as consumers cut back on spending due to high costs of living

FMCG major Marico likely to outperform peers in H2FY25 on brands' growth

Nuvama Research is bullish on the company and expects growth to improve to double digits in H2FY25 as compared to 8 per cent growth in Q2

FMCG woes: HUL, Dabur, Godrej Consumer risk up to 15% downside; show charts

As FMCG shares led by Godrej Consumer fell up to 11% on Monday post the volume growth concern; the Nifty FMCG index slipped below its 20-DMA after a two-week struggle; chart hints at further 4.5% dip.

Food inflation to recede, expect double-digit revenue growth in H2: Marico

FMCG major Marico is looking for double-digit growth in the second half of FY25 and expects the prevailing high food inflation to moderate in the next two quarters, which will help revive urban consumption, its MD & CEO Saugata Gupta said. The company, which has already gone for a price hike for its Saffola range, expects a similar action from other FMCG players as prices of raw materials such as coffee, cocoa, and palm oil have gone up. "In the sector, there will be some price increases. If you look at some other input costs for other players, there has been a globally significant increase in the prices of coffee, and cocoa, So there is a little bit of inflation situation and now you are seeing a significant increase in palm oil prices. "So across the sector, there will be some price increase," Gupta told PTI. However, he also pointed out that most of the big-scale FMCG manufacturers would try to absorb a portion of the increase in the commodity prices through various cost ...

Healthy growth outlook, market share gains positive for Marico stock

Parachute coconut oil posted 10 per cent Y-o-Y growth in value with 4 per cent Y-o-Y growth in volume

Marico share rallies 9% as Q2 results beat estimates; profit zooms 20% YoY

The Marico share price rallied after the company posted stronger-than-expected Q2FY25 results, which beat street estimates

Marico Q2 result: Net profit rises 20% to Rs 433 cr, revenue at Rs 2,664 cr

Homegrown FMCG major Marico Ltd on Tuesday reported an increase of 20.27 per cent in consolidated net profit to Rs 433 crore for the September quarter. It had posted a net profit of Rs 360 crore in the July-September quarter a year ago, Marico said in a regulatory filing. Its consolidated revenue from operations was up 7.6 per cent to Rs 2,664 crore during the quarter under review. It was at Rs 2,476 crore a year ago. Total expenses of Marico, which owns popular brands like Saffola, Parachute, Livon, etc, increased 7.65 per cent in the September quarter to Rs 2,194 crore. Marico's total income, which includes other income, was up 9.22 per cent to Rs 2,746 crore. Domestic revenue of the Harsh Mariwala-led company was up 8.02 per cent to Rs 1,979 crore. Similarly, its revenue from the international market was up 6.36 per cent to Rs 685 crore. There is a "sequential uptick in growth in the domestic business" and the "international business continues robust show", said Marico in it

Marico gains 4%; hits new high in weak market on stable volume growth in Q2

Marico said consolidated revenue growth remained in high single digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets.

Consolidated revenue growth in Q2 remained in high single-digits: Marico

FMCG firm Marico Ltd on Wednesday said its consolidated revenue growth in the July-September quarter remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets during the second quarter of the ongoing fiscal. In its update for the second quarter filed on bourses, Marico said the sector witnessed stable demand trends with rural outperforming urban on a year-on-year basis for the third quarter in a row. "Consolidated revenue growth remained in high single-digits, as higher realisations in the domestic business was offset by incremental currency headwinds in some overseas markets. We expect consolidated revenue growth to move into double-digits in the second half of the year," the company said. Marico said it expects to "deliver double-digit revenue growth in this year". "In view of the higher-than anticipated degree of inflation in copra prices, sharp import duty hike in vegetable oils and ...

Osho Krishan of Angel One recommends buying Marico & JSW Energy on Sept 23

Marico has showcased a strong resurgence from the pivotal support of the previous breakout on the daily time frame chart and has soared to record-high levels.

Double digit growth and rural revival positive for Marico's stock

Marico's Q1FY25 consolidated revenue grew 6.7 per cent Y-o-Y to Rs 2,640 crore, while operating profit rose 9.1 per cent Y-o-Y to Rs 630 crore