Marico

Economic slowdown: It is not a doomsday scenario for FMCG sector, says Marico MD and CEO Saugata Gupta

Gupta said that while the category growth has gone down in rural areas due to consumption stress, large brands with direct rural distribution may be consolidating market shares

Marico Q4 net zooms over two-folds to Rs 405 crore; revenue from operations rises to Rs 1,609 crore

Marico had reported a net profit of Rs 183 crore in the corresponding period of fiscal 2017-18

Beauty brands retailer Nykaa plans to raise Rs 213 cr from US-based private equity firm TPG Capital

Nykaa has reportedly raised Rs 255 crore so far and this excludes the TPG Capital's investment offer.

Marico aims up to 10% volume growth, healthy market share gains in five years on account of strategic investments

Marico has also plans for strategic investments in its core foreign markets such as -- Bangladesh, Vietnam, Middle East and North Africa and South Africa, coupled with expansion in adjacent markets.

Over dozen FMCG companies pledge to donate food items to Kerala, says union minister Harsimrat Kaur Badal

Over a dozen FMCG firms, including ITC, Coca-Cola, Pepsi and Hindustan Unilever, have pledged to supply water bottle, food and necessary items to flood-hit areas of Kerala in the next two days, Union minister Harsimrat Kaur Badal said on Tuesday

Marico June quarter net profit up 10% to Rs 260 cr; total income rises 20%

Marico said, FMCG business in India achieved a turnover of Rs 1,628 crore ($243 million), a growth of 23 percent over the same period last year

GST rate cut impact: Godrej Consumer Products reduces product prices up to 10%

The Goods and Services Tax (GST) rate was reduced on 178 items, including detergents, shampoos and beauty products, from 28 percent to 18 percent from 15 November

Marico South Africa acquires hair styling brand Isoplus for Rs 36 cr

The acquisition will strengthen Marico's portfolio to make it a complete ethnic hair care player in that country

Marico's Q1 net profit rises 19% on high revenues from FMCG business

Consolidated total income from operations jumped 25.32 percent to Rs 1,623 crore in the quarter ended June 2014 from Rs 1,295 crore in the year-ago period supported by the price increases taken across the portfolio during the quarter.<br />

Marico Powers ERP On Red Hat Enterprise Linux

Marico migrated its mission-critical SAP ERP system from a proprietary HP-UX operating system to Red Hat Enterprise Linux.