Since copra accounts for 40-50% of Marico's raw material costs, lower prices of the commodity will reflect positively in Q3 operating profit margins
1 min read11 Jan 2019Marico is not only using automation but also relying heavily on analytics and AI (machine learning, in particular) to grow its own business and that of its distributors
2 min read19 Nov 2018The growth in the premium space will come through new launches and acquisitions, says Marico CEO Saugata Gupta
2 min read27 Aug 2018Marico reported 10.25% rise in consolidated net profit at 260.13 crore for the quarter ended 30 June as against a net profit of 235.93 crore in the same quarter of the previous fiscal
1 min read2 Aug 2018Slow volume growth, costlier raw materials and GST rollout roadblocks in Marico's path to achieving Rs10,000 crore revenue by 2020, says CEO Saugata Gupta
2 min read2 Mar 2018Marico says competitive pricing, continued investments and pipeline refilling in general trade were the primary reasons that boosted volumes
2 min read31 Oct 2017Marico's Q2 margins took a hit as prices of copra, or dried coconut, rose 84% year-on-year
3 min read31 Oct 2017Sustained increase in copra prices have starting reflecting in Parachute coconut oil pricesa matter of much interest to investors and beneficial to Marico share prices
2 min read31 Mar 2017The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared