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Saffola Mealmaker teams up with Celebrity Chef Kunal Kapur to launch Delicious Soya Cook Book
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Saffola Mealmaker teams up with Celebrity Chef Kunal Kapur
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Marico Acquires Majority Stake In Just Herbs Owner Apcos Naturals
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Consumer goods company Marico on Friday reported a 14.07 per cent increase in consolidated net profit to Rs 227 crore for the quarter ended March 31, 2021 (Q4), aided by a low base and all-round recovery in product segments.
Revenue grew 34.5 per cent to Rs 2,012 crore in the quarter under review versus Rs 1,496 crore reported last year. This was aided by strong year-on-year (YoY) sales and underlying volume growth of 37 per cent and 25 per cent, respectively, in the domestic business.
Marico’s domestic consumer business contributes nearly 77 per cent to overall top line. While its international business contributes 23 per cent to turnover. In Q4, the international business grew 23 per cent YoY on a constant currency basis.
Hair oil brand Nihar Naturals onboards Mehazabien Chowdhury as its brand ambassador.
Nihar Naturals has launched Nihar 5 Seeds Hair Oil. Nihar 5 Seeds Hair Oil, an anti-hair fall beauty brand enriched with the goodness of 5 seeds, is a new addition of Marico Bangladesh Ltd. Nihar 5 Seeds Hair Oil helps women reduce hair fall and get beautiful hair. The brand has recently announced renowned model and actress Mehazabien Chowdhury as its brand ambassador.
Expressing her excitement, Mehazabien said,
I am exhilarated to be a part of the Nihar 5 Seeds Hair Oil brand. Hair fall becomes a barrier by reducing our beauty meter. To avoid that, I use Nihar 5 Seeds Hair Oil as a part of my daily beauty regime. I am delighted to be a part of the No. 1 hair oil brand in the region, and I am beyond excited to be part of a brand I truly believe in.