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Marico Q2 reports 18 pc increase in consolidated net profit

FMCG firm Marico has  reported a 18.05 per cent increase in consolidated net profit at Rs 180.56 crore for the September quarter. The company had reported a net profit of Rs 152.95 crore in the corresponding quarter a year ago. Marico's...

Patanjali's Acharya Balakrishna enters India's rich club with Rs 25,600 crore

After giving major FMCG, and consumer goods companies - like HUL, Dabur, Colgate Palmolive et al - a run for their money with its 'Ayurveda-based' products, Patanjali Ayurved's CEO, Acharya Balakrishna is now surpassing retail biggies in terms of the wealth he has. Balakrishna, the...

5 retail brands that are doing well by doing 'good'

For far too long, brands have been busy trying to sell to customers via the materialistic side of things. However, as consumers get more informed, engaged and vocal, brands are evolving with them, experimenting with innovative marketing ways to influence...

Marico's Q1 net profit rises to 17.23%

Fast moving consumer goods (FMCG) major Marico on Friday reported a rise of 17.23 per cent in its consolidated net profit for the first quarter (Q1) ended June 30. The company's net profit increased to Rs 267.90 crore during the...

FMCG firms pin hopes on normal monsoons to up demand

After two years of drought, the weather department has predicted a normal monsoon this year. Rejoicing along with water-starved villages are FMCG firms, who believe that there is a lot of pent up demand in these areas. Analysts say two...

Staying fashionable with fast-analytics

The retail industry for years has made use of data and intuition to forecast customer demands. With tight margins, volatile markets, and the pace at which customer demands change these days, retailers and wholesalers can’t rely on intuition alone...

Marico Kaya Enterprises List on the NSE and BSE

Kaya is increasingly being looked at as a skin care brand with promise to create value in the skin care business. Marico Kaya Enterprises Limited (MaKE), is now a listed company on the NSE and BSE. MaKE Ltd, a...

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,...

Marico Elevates Saugata Gupta as MD, Marico

The Board of Directors of Marico, an Indian consumer product company in the global beauty and wellness space, has appointed Saugata Gupta, CEO, Marico Limited as Managing Director and CEO.  Gupta will be inducted into the company’s Board of...

Marico launches new Parachute hair oil

Consumer products maker Marico on Thursday launched its new Parachute Ayurvedic hair oil in Andhra Pradesh, as part of its launch of the product in the southern states.“The product has been developed in association with Arya Vaidya Pharmacy of...
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Raymond has plans for opening stores in temple towns: CBO Debdeep Sinha

Debdeep Sinha chief business officer for apparel at Raymond Ltd. speaks about the company’s expansion plans, Raymond’s propriety fabrics...
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