Marico Ltd plans to achieve net-zero emissions in global operations by 2040
The company will introduce multiple sustainability initiatives across its global operations with a view of curbing greenhouse gas (GHG) emissions and promoting a carbon-neutral business agenda
Hot Stocks | Here is why you should bet on Marico, NMDC for short term
Hot Stocks | From here on 17,600 levels will act as immediate support for the Nifty50 and if prices slip below this level then 17,350 will be the next support zone for the index. The upper band is capped near 18,000 levels for the time being.
Global brokerages optimistic on Marico after jump in Q3 revenue; expect further margin tailwinds in FY23
Revenue from operations was slightly lower as compared to Q2 when it was Rs 2,419 crore. Ebitda for Q3 came in at Rs 431 crore, which was 4.4 percent higher as compared to Rs 413 crore recorded in the year-ago period.
Earnings Call for Q3FY22 of Marico Ltd.
Conference Call with Marico Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript. MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the SEBI Listing Regulations, please find enclosed a newspaper extract of the un-audited consolidated financial results of the Company for the quarter and nine months ended December 31, 2021, approved by the Board of Directors at its meeting held on Friday, January 28, 2022 and published in the Free Press Journal (English Daily) and Navshakti (Marathi Daily) today i.e. on January 29, 2022.
Marico's net profit up 1.6%to 317cr inDecquarter
The Parachute hair oil maker its consolidated revenue from operations was at 2,407 crore up 13.4% from 2,122 crore in the third quarter (Q3) Q3FY22 Quarterly Result Announced for Marico Ltd.
Personal Products company Marico declares Q3FY22 result: Revenue from Operations grew by 13% YoY to Rs 2,407 crores with both the domestic and international businesses posting healthy double-digit revenue growth In India, unabated inflation across the consumer basket led to moderation in consumption patterns and the share of wallet of staples, while discretionary and out-of-home categories fared better owing to some degree of pent-up demand. As a result, overall FMCG market volumes witnessed a drop in Q3, with rural visibly lagging urban. Amidst the challenging operating environment, our domestic business put up a resilient performance with 12% revenue growth, while volumes remained flat YoY on a very strong base of 15%. Volume growth on a 2-year CAGR basis was 7.3%, much ahead of low single digit growth for the FMCG market, exhibiting the inherent strength of our trusted brands and market position, backed by sharp focus on execution and investment in brand building. This also reflected in 94% of the portfolio logging market share gains and 95% of the portfolio gaining penetration on a MAT basis. Within traditional trade, performance in rural lagged urban during the quarter, in keeping with market trends. Alternate channels and CSD stayed on the growth path. The International business posted another stellar quarter with sustained profitable growth. The business delivered 18% constant currency growth with each of the Bangladesh, South East Asia and MENA businesses clocking high double-digit growth Gross margin improved sequentially by ~125 bps, but was down ~329 bps YoY. With copra prices moderating further since late Dec’21 and edible oil prices off its highs, gross margins should maintain an upward trajectory sequentially. A&P; spends was up 14%, as the Company chose to continue to invest in brand building despite significant inflationary pressures and compression on profitability. EBITDA margin stood at 17.9%, down 155 bps YoY. EBITDA was up 4% YoY and PAT was up 1% YoY Result PDF MARICO LTD. - 531642 - Announcement under Regulation 30 (LODR)-Dividend Updates
This is to inform you that the Board of Directors has at its meeting held today i.e. on January 28, 2022, declared Second Interim Equity Dividend for the Financial Year 2021-22 of Rs. 6.25/- per equity share of Re. 1 each. MARICO LTD. - 531642 - Information Update For The Quarter And Nine Months Ended December 31, 2021
Please find enclosed information update for the quarter and nine months ended December 31, 2021. Kindly take the above on record. MARICO LTD. - 531642 - Approval Of The Un-Audited Financial Results Of The Company (I.E. Marico Limited And Its Subsidiaries) For The Quarter And Nine Months Ended December 31, 2021
Financial results of the Company for the quarter and nine months ended December 31, 2021