Parachute
FMCG
Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down
PTI -
Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its productsNew Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...
FMCG
Consumer demand stable in Q1, margins to improve: say FMCG players
PTI -
Two FMCG players - Marico and Godrej Consumer Products Ltd (GCPL) - in its quarterly updates reported that the overall consumer demand remained steady in the April-June periodNew Delhi: The fast-moving consumer goods (FMCG) sector witnessed a stable demand in...
FMCG
FMCG makers expect sustained recovery in volume and margins with price reduction in FY24
PTI -
FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressuresNew Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...
In Focus
Marico Q2 net profit falls to Rs 307 crore, revenue up at Rs 2,115 crore
PTI -
Marico reasons that the profit was down mainly due to losses on translation of foreign currency receivables and higher Effective Tax Rate (ETR)New Delhi: FMCG firm Marico Ltd reported a decline of 2.84 per cent in its consolidated net profit...
Food
FMCG firms report sales growth in June as supply chains stabilise
Several FMCG companies have reported sales growth in June and expect the momentum to continue in Unlock 2.0, though some challenges persist.
According to a PTI report: Firms such as Godrej Consumer Products Ltd (GCPL) and Marico expect overall growth...
Progressive Grocer
Marico Records 17% Rise in Q4 Revenue
FMCG player Marico has posted Revenue from Operations of Rs 1,072 crore (USD 173 million) a growth of about 17 percent over Q4FY13 during the quarter ended March 31, 2014 (Q4FY14). Profit growth, excluding exceptional items accounted in Q4FY13,...
Beauty & Wellness
Parachute launches Advansed Summer Refresh Lotion Spray
A unique multi-dimensional ‘spray-on’ body lotion that quickly gets absorbed into the skin, the Parachute Advansed Summer Refresh Lotion Spray provides skin with instant relief from the summer heat. Its non-sticky formula of cool mint extracts and coconut milk...
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Latest News
Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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