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Tag: Marico

Marico hopes to increase direct outlet reach by 50% by FY27

Posted on By Santhi No Comments on Marico hopes to increase direct outlet reach by 50% by FY27

Chief financial officer Pawan Agarwal of Marico, a consumer goods firm, stated in an interview with FE on Tuesday that the company will invest between Rs 80 and Rs 100 crore over the next three years to expand its direct distribution throughout the nation. The corporation will increase its direct outlet reach from 1 million…

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Marico and GCPL are aiming for single-digit growth.

Posted on By adminbusinessuncover No Comments on Marico and GCPL are aiming for single-digit growth.

Marico and GCPL: The December quarter (Q3) is expected to witness low to mid-single digit underlying volume growth in domestic industries, according to consumer goods giants Marico and Godrej Consumer (GCPL), given the sector’s ongoing gradual rural rebound. In their third-quarter business performance report, the companies stated that, in spite of their investments in market…

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