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Marico’s packaging food and personal care can achieve 190 billion rupees

Arun Jain, 31/01/2025

2025-01-31 20:59:00 :

Marico LTD, a local fast -moving commodity company, said on Friday that its packaging food and senior personal care products include oats, oatmeal, male beauty products and health supplements. Bleak1,9 million.

Reading | Marico Q3 Result: Profit increased by 4 % Bleak39.9 billion, income increased by 15 %

“Although the pricing of the core investment portfolio has increased significantly, in domestic business, the comprehensive income share of food and senior personal care (including digital priority brands) is 21 %. around BleakThe $ 19 billion represents a significant change in the growth trajectory and future Indian business potential.

Reading | ITC, Marico to Britannia: Why should FMCG stock be under pressure today? Explain

The company’s food product portfolios include Safflla Oats, True Elements MueSli and Plix. In high -quality personal care, it has brands such as Beardo, HERBS and PLIX’s personal care product portfolio. The core investment portfolio of Marico includes navigable brands such as parachute oil and Saylara edible oil.

Marico’s core hair and edible oil products in India diversified to enter the new category and invest in a new era brand.

Reading | FMCG slows down prompt DABUR shorten the strategic review timetable

Most shares were obtained in APCOS NATURALS PVT in 2021-Marico. Limited, selling skin and hair care products under the Just HERBS brand. In 2023, it obtained a majority of Satida Nutraceuticals PVT. LTD with plant -based nutrition brand PLIX Bleak369 million. It also fully won the male beauty brand Beardo.

“In 2020, we set the desire to develop a development Bleak1,000 food combinations. We also look forward to the threat to the consumer brand in 2020, which happened in some developed markets including us. Similarly, we have determined the higher growth potential of food and beauty and personal care. “Gubuta said.

ALSO READ  Nearly ₹5 lakh crore investments announced at two-day Assam business summit | Company Business News

The company’s digital investment portfolio, including Beardo, only herbal medicine and PLIX personal care works BleakIn the December quarter, ARR’s 6 billion rupees. Close to food BleakThe company stated in the income announcement that the 10 billion ARR in the December quarter.

The company reported that the profit increased by 4 % in December Bleak39.9 billion. It has reported India’s business by 6 %. The quarterly revenue reported by the company increased by 15 % BleakThe third quarter was 279.4 million BleakIn the same period last year, 242.2 billion rupees.

In the urban market, in the wealthy and middle -level class, consumption emotions are quite stable and healthy. The company said that the middle and bottom of the pyramid market seemed to be inflation and wage growth slowly, soft and damage.

“The FMCG department shows a fairly stable demand emotion in this quarter. Retail and food inflation rates have increased, but some signs of relaxation are shown in December. On the basis of order, urban demand remains stable but soft, and rural areas The demand continues to prove progress. Under the consecutive quarter of the third consecutive quarters, the speed of urban speed has been twice, “Gaputa said.

The company’s gross profit margin in December was signed year -on -year. It was mainly affected by the trend of rising copper and vegetable oil prices, and was partially offset in pricing operations in major investment portfolios.

Capture all commercial news, company news, break the news incident, and update the latest news about Live Mint. Download mint news applications to obtain daily market updates.

Packaged food and personal care of commercial news grocery stores can achieve 190 billion rupees of ARR

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ALSO READ  ONGC, bp tie up for exploration, production, energy trading | Company Business News

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Companies Annual income operation rateITCMalitePackaged food and personal careQuickly mobile commodity companySaugata Gupta

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