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Marico's turnover

Marico net profit rises 17% to Rs 360 crore, revenue falls maginally to Rs 2,476 crore in Q2

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 2023-24 New Delhi: Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent...

Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore

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,...

Marico expects food business to reach Rs 850 crore in FY24

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 offerings New Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products New 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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Reliance to bring fashion brands Sandro and Maje in India

Both brands will open their first retail stores in the country in 2024 Bengaluru: Reliance Brands Ltd (RBL), the retail arm...
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