Marico shares slump 5% on decline in Q3 revenue
“In the given context, domestic volumes grew in low single digits on a year-on-year basis with a slight sequential improvement in our core portfolio,” says Marico.
“In the given context, domestic volumes grew in low single digits on a year-on-year basis with a slight sequential improvement in our core portfolio,” says Marico.
Dabur clarifies that this lawsuit does not concern any Dabur brand or product, accentuating that the company is not a party to these suits.
In the September quarter, the company's net revenue from operations stood at ₹4,432.88 crore, up 1.2% as against ₹4,379.61 crore in the Q2 of FY23.
Sequentially, the profit rose 24.2% from ₹273.68 crore in the previous quarter.
Sunil D’Souza put all the pieces together — products, innovation and distribution — to turn around Tata Group’s FMCG business.
The share price of Nestle India surged as much as 4.45% to hit an intraday high of ₹23,333.65.
The net profit of Colgate Palmolive Ltd stood at ₹273.68 crore, witnessing a growth of 30.52% as against ₹209.67 crore in the corresponding period of the previous year.
According to Harsha Vardhan Agarwal, vice-chairman and managing director, Emami, investing in new-age companies is a good way to foray into newer categories.
The brand will sell made-in-India consumer products ranging from processed foods to daily products.
A ₹3,600-crore IPO and focus on the nascent branded staples market with convenience foods have catapulted the Adani Group company into the main league.