COPRA EDIBLE MUMBAI
Marico profit jumps 31%, flags rising input costs amid West Asia woes
Marico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company highlighted challenges from rising input costs due to geopolitical tensions and adverse weather circumstances. Managing director Saugata Gupta expressed awareness of potential inflation effects, especially in rural areas. Marico aims for mid-20% EBITDA growth by FY27 and expects annual revenue to exceed ₹15,000 crore.
FY27 Outlook: Geopolitical pressure and AI disruption set to reshape India Inc
Corporate India faces heightened uncertainty entering fiscal year 2026-27 due to geopolitical tensions and AI disruption. Sectors like banking anticipate gradual NIM recovery, while FMCG expects better earnings visibility. The IT sector grapples with AI concerns, and oil prices present a mixed outlook for the oil and gas industry.
Humble coconut oil turns into a luxury on rising demand, shrinking output
Coconut oil prices in Asia are increasing. India is the top consumer. Prices have tripled in two years. Supply shortages and high demand are the reasons. Unfavorable weather and pests have disrupted production. Consumers are switching to cheaper alternatives. The International Coconut Community expects prices to remain high. Demand for coconut water is also impacting supply. Farmers are expanding planting.
Rising input costs put India Inc in a bind
Cost of key inputs in consumer products, autos and real estate are moving north. Margin pressure is being felt across companies but, sensitive to budget-watching consumers as well as competitive pressures, many are opting for partial cost transfers and cost control in other functions.
Pakistan willing to shell out twice the price for Indian coconuts
From 2011 to 2013, copra exports to Pakistan from India have doubled to nearly 21,000 tonne, though the statistics for 2014 aren't available yet.
Marico reports 17% revenue growth in Q4,gives investors reasons to cheer
Most FMCG companies have been reporting subdued performance, but Marico, which owns the brands Parachute and Saffola, has enthused investors
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Black pepper slips on lower demand; ginger, copra trade stable
Black pepper slipped at the Vashi wholesale market here today due to lower demand from exporters as well as retailers.
Select copra slumps on reduced demand
Copra office Alapuzha and copra Kozhikode prices slumped at the spices market here today due to reduced demand from millers and bulk consumers.
Black pepper firms up on sustained demand
Black pepper climbed by Rs 10 per kg to Rs 521/561 from Thursday's closing level of Rs 511/551.
Select copra and black pepper climbs on rising demand
Copra edible, Copra office Alapuzha and copra Kozhikode prices climbed at the Spices market on rising stockists and retail demand.
Industry seeks CTT exemption on vegetable oils
The government, however, exempted 23 specified agri- commodities from CTT. These include cotton seed oilcake, copra, mustard seed, soybean and soymeal.
Ginger surges on high demand, pepper ends mixed, copra steady
Ginger prices surged at the spices market here today on higher demand from stockist and millers amidst good retail offtake.
Spices hold steady in mute trade
Meanwhile, local copra, pepper and ginger markets were closed on account of bandh called by traders in protest against the imposition of LBT.
Black pepper slides on ample supplies, copra gains
Meanwhile, select copra prices gained on firm demand from stockist and millers. Rest all other spices ruled steady in the absence of any worthwhile buying.
Spices rule steady in mute trade
An overall stable trend was witnessed in the spices market here today amidst mute activity on the back of adequate supplies.
Black pepper climbs on limited trade
Ginger bleached maintained a steady trend in the absence of any worthwhile buying.
Select spices fall on weak demand
Prices of ginger bleached declined at the spices market here today due to reduced demand from stockists as well as upcountry dealers.
Ginger firms up on good demand, tight supply
Prices of ginger bleached and unbleached firmed up at the spices market here today on increased stockists demand amidst restricted arrivals.
Black pepper prices decline on lower demand
Black pepper prices declined at the spices market here today on subdued demand from stockists as well as reduced offtake from exporters.
Select copra moves up on good demand
Copra Rajapur Mumbai and Copra office Alapuzha prices moved up at the spices market here today on renewed demand from consumers and millers offtake.
Will Marico succeed in tapping the personal-care and skin-care space?
Analysts questioned the chances of co's success in a product category dominated by the likes of HUL, P&G and other biggies of the FMCG space.
Food inflation likely to remain steady: KV Thomas
Food prices may not come down substantially from current levels but neither would they shoot up sharply from here, said KV Thomas.
Stocks of edible oil cos Marico and Raj Oil Mills jump as copra prices decline
According to a broker, copra prices (of varying grades) in Mumbai and the South have fallen by around 120 per quintal over the past one week.
Marico posts 42% jump in Q4 net profit
Consumer products maker Marico quarterly net profit rose 42%, lower than street estimates as one-time amount it received from the sale of edible oil brand 'Sweekar' boosted profit.
Rising prices may benefit pvt labels
With daily use items becoming a cause of concern, consumers are likely to shift to private labels which offer attractive prices.
Marico profit soars 22% to Rs 62 cr
Personal care products maker Marico, on Thursday, announced a 22% growth in quarterly net profit due to higher volumes, lower input costs and improved distribution.
Most FMCG cos to see topline growth in Q2: Sharekhan
Sharekhan expects that most FMCG companies will see a growth in their topline in the September 2008 quarter driven mainly by price increases.
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