India's Marico, which owns the Saffola and Parachute packaged oil brands, reported a slightly bigger-than-expected increase in first-quarter profit on Monday, helped by steady demand and said its ...
Marico Limited headquartered in Mumbai Maharashtra carries on business in branded consumer products. Marico manufactures and markets products with the brands such as Parachute Parachute Advansed Nihar ...
Marico declined 2.20% to Rs 646.40 after the company said that the rising trend in input costs is expected to result in a higher-than-anticipated gross margin contraction on a year-on-year basis.
Marico expects a 'higher-than-anticipated gross margin contraction' as key inputs ... Its operation in crisis-hit "Bangladesh continued to demonstrate visible strength and resilience with high ...
Marico CEO Saugata Gupta told Reuters in November that urban consumption would take at least six months to revive. The urban segment accounted for about 30% of its domestic sales, as of June-end.