Marico
FMCG smiles: Colgate biggest beneficiary of GST; Patanjali, Dabur may cut rates, others neutral
Fri, May 19, 2017
Win some lose some attitude with the companies today after the GST Council decided on the GST rates on Thursday. Clear cut beneficiaries of the GST rates arise, Kotak Security analysts said while others may have to dip into profits to cut rates.
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Higher price or lesser quantities: What will FMCG companies do to beat inflation this summer?
Tue, Mar 07, 2017
Nearly 15 years ago a pack of Lay's would get you 50 grams potato chips in it. With rising prices and other factors, PepsiCo kept the price of the pack constant at Rs 10 but the quantity of potato chips in it fell. Today, a Rs 10 pack of Lay's has 35 grams of potato chips in it.
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Will Parachute, hair oils from Marico become more expensive in the next couple months?
Tue, Feb 07, 2017
Health and beauty consumer goods company, Marico in its conference call post the announcement of its third quarter (Q3) results said that it was anticipating inflationary pressures in the prices of dried kernels.
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Marico Q3 Net down 6.82% at Rs 191.64 crore
Thu, Feb 02, 2017
FMCG firm Marico today reported 6.82 % decline in consolidated net profit at Rs 191.64 crore for the October-December quarter on account of lower income due to demonetisation. The company had posted a net profit of Rs 205.68 crore in the corresponding period of the previous fiscal.
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FMCG companies expect Budget 2017 to be growth oriented to boost demand
Thu, Jan 26, 2017
After taking a demonetisation hit, fast moving consumer goods (FMCG) companies are pinning hopes on a growth oriented Budget to see a revival in consumer confidence and create demand both in urban and rural markets.
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How copra undid Marico's price hike strategy
Fri, Nov 04, 2016
Fast moving consumer goods (FMCG) major Marico Ltd would have never imagined that dried coconut kernels could cost the company three months of its entire fiscal. These kernels, also known as Copra, it is an important raw material in Marico's flagship product--Parachute hair oil.
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Marico Q1 net profit up 17% at Rs 268 crore
Fri, Aug 05, 2016
"The India business recorded a robust volume growth of 8 per cent while the International business posted a constant currency top line growth of 4 per cent (volume growth of 8 per cent). The value growth was lower owing to price reductions in the Parachute Rigids portfolio aggregating 18 per cent consequent to commodity price deflation," the company said.
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