Marico products
FMCG
Marico net profit rises 17% to Rs 360 crore, revenue falls maginally to Rs 2,476 crore in Q2
PTI -
Total expenses of Marico, which owns brands like Saffola, Parachute, and Livon, stood at Rs 2,038 crore during the September quarter of the financial year 2023-24New Delhi: Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent...
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Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore
PTI -
The company has signed a definitive agreement to acquire a majority stake of 58 per cent in Satiya Nutraceuticals for a consideration of Rs 369.01 crore
New Delhi: Home-grown FMCG firm Marico will acquire a majority stake in Satiya Nutraceuticals,...
FMCG
Marico expects food business to reach Rs 850 crore in FY24
PTI -
Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offeringsNew Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...
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...
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AI spending in India may triple to $5 bn by 2027: Report
AI spending in India is expected to increase to $5 billion with CAGR of 31.5%New Delhi: Spending on Artificial...
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