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Input costs and demand concerns may impact Marico in the near term

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Marico expects low double-digit bottomline growth in Q4 of FY21

Marico expects low double-digit bottomline growth in Q4 of FY21
April 05, 2021
FMCG major Marico said on Monday that it expects to deliver low double-digit bottomline growth in the last quarter of FY21, and that it maintains its aspiration of delivering sustainable and profitable volume-led growth over the medium term.
“Notwithstanding the quarterly variations in volume growth/ margins over the last 15 months, the company maintains its aspiration of delivering sustainable and profitable volume-led growth over the medium term, on the back of the strengthening brand equity of its core franchises and progressively driving and scaling up new engines of growth,” Marico said in its update on the operating performance and demand trends witnessed during the quarter ended March 31. ....

Bottom Line , கீழே வரி ,

Consumer goods major Marico bets on double-digit volume growth in Q4

Consumer goods major Marico on Monday said that it expected to deliver a strong double-digit volume growth in the quarter ended March 31, 2021 (Q4), though input cost pressures would hurt operating margins.
The disclosures were made as part of its quarterly update for the period, where the company said that it saw healthy momentum across key categories. Marico expects low double-digit bottom line growth in Q4.
“Revenue growth in Q4 was even higher than volume growth because of pricing interventions in key portfolios to partially alleviate the significant input cost-push during the period,” it said.
While the input cost environment had turned challenging in the short term, Marico said that it expected these trends would correct from Q2 of FY22,” the company said. In its update for the December quarter, Marico had said that the FMCG industry was seeing improved demand trends as the economy recovered gradually. However, with the second wave of the pandemic gatherin ....

Consumer Goods , Volume Growth , Fmcg Industry , Indian Companies , நுகர்வோர் பொருட்கள் , தொகுதி வளர்ச்சி , ஃப்ம்க்க் தொழில் , இந்தியன் நிறுவனங்கள் ,

Murmura to granola! Haldiram's sets eyes on India's health food market

Murmura to granola! Haldiram s sets eyes on India s health food market
Haldiram s recently entered into a 51:49 joint venture with South African health food company, Futurelife (it was earlier in talks with Kellogg s for a JV), under which it launched products such as granola, protein powders and oats
Ajita Shashidhar | March 15, 2021 | Updated 15:39 IST
A.K. Tyagi, Executive Director, of the country s largest snack-maker, Haldiram Snacks, claims that traditional Indian namkeens are healthier than most of their western counterparts. All our namkeens are made out of moong dal, channa dal or besan. They are high in protein and gluten-free too, he says. Though the snack-maker is aggressively expanding its health food portfolio, Tyagi believes the market for traditional snacks will always be bigger. Health foods may grow faster on a lower base. India has a problem of malnutrition too, so, there will be a large set of consumers who would want to consume fried food, he ....

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FMCG prices jump as companies fight to contain commodity inflation

Read more about FMCG prices jump as companies fight to contain commodity inflation on Business Standard. Companies are also looking for change in product mix and cost saving measures ....

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