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Saugata Gupta

Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...

Marico Q2 net rises 7.9 pc to Rs 273 cr, sales up 8.7 pc to Rs 1,989 cr

FMCG firm Marico Ltd on Wednesday reported 7.90 percent increase in its consolidated net profit at Rs 273 crore for the second quarter ended September 30, helped by robust volume growth in domestic business and a stable performance overseas. The...

Marico announces initial grant of Rs 8 cr to fight COVID-19

FMCG firm Marico Ltd on Monday announced an initial grant of Rs 8 crore to support the government, workers and medical fraternity in their fight against COVID-19 pandemic. The company has increased the safety measures and adopted necessary precautions to...

Marico Q3 profit rises 10 pc to Rs 276 crore

FMCG firm Marico on Thursday reported a nearly 10 percent increase in consolidated net profit to Rs 276 crore for the quarter ended December 2019 helped by gross margin expansions. The company had posted a net profit of Rs 251...

Marico India announces the appointment of Koshy George as Chief Marketing Officer

Marico Limited has appointed Koshy George as Chief Marketing Officer, Marico India.In his new role, he will be responsible for leading the brand marketing initiatives of the company. He will report to Saugata Gupta, MD and CEO and will...

Marico Q2 net up 18 pc to Rs 218 crore

FMCG firm Marico Thursday posted a 17.95 percent increase in consolidated net profit at Rs 218.26 crore for the second quarter ended September.The company that makes Parachute oil, had reported a net profit of Rs 185.04 crore in the...

Marico targets 8-10 pc domestic volume growth from this fiscal

Homegrown FMCG major Marico is targeting an 8-10 percent volume growth in the country along with healthy market share gains, a top company official has said."For FY19 and beyond, we retain the target of 8-10 percent volume growth in...

British F&B brands to explore alliance avenues at India Food Forum 2018

UK's top F&B brands would be participating in the 11th edition of India Food Forum 2018 to explore alliance avenues with prospective Indian partners offering opportunities to sign powerful deals across India.These UK brands would take part in B2B...

Marico acquires South Africa’s leading hair styling business, Isoplus

Marico South Africa Pty. Limited (MSA), a wholly owned step-down subsidiary of Marico Limited announced the acquisition of business including related intellectual property rights of Isoplus, a leading hair styling brand in South Africa from JM Products SA Pty....

Marico appoints Ananth Narayanan to its Board of Directors

Marico Limited has appointed Ananth Narayanan to its Board of Directors. Narayanan joins the board as an Additional (Independent) Director. His appointment as Independent Director for a term of five years is subject to the approval of the shareholders...
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How FMCG companies are rethinking packaging to become eco-friendly

More and more companies are opting for sustainable approaches to packing of FMCG products for e-commerce. Here’s an overview...
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