Fri, Jan 29, 2021
Marico’s Q3 FY21 result was in line with estimates. Strong recovery is witnessed across all categories (essential and discretionary). Food portfolio grew fastest (+74%YoY) followed by VAHO (+21%YoY) and Saffola (+17%YoY). Parachute reported volume growth of 8% YoY, ahead of the company’s medium term aspiration of 5-7%. Traditional trade and e-com continued to outperform while modern trade reached pre-Covid level.
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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.
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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