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Marico sees Q3 revenue rise on cooling inflation, tax cuts
Financial Express Chennai
|January 03, 2026
HOMEGROWN FMCG PLAYER Marico on Friday said it has witnessed "steady demand" trends during the December quarter and remain "optimistic" about a gradual improvement in consumption in the quarters ahead.
This is supported by easing inflation, lower GST rates driving affordability, MSP hikes, and a healthy crop sowing season, Marico said in its December quarter updates to the bourses.
"During the quarter, underlying volume growth in the India business remained in high single digits, while marking a slight improvement on a sequential basis," it said.
"Consolidated revenue growth on a year-on-year basis stood in the high twenties, poised to achieve our full year aspiration," Marico said.
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Financial Express Chennai
Unsold homes rise 4% in 2025
UNSOLD HOUSING UNITS rose 4% to nearly 577,000 units last year across 7 major cities as supply of new homes exceeded demand, according to Anarock.
1 min
January 05, 2026
Financial Express Chennai
'Tax hike raises tobacco smuggling risk'
AN UNPRECEDENTED TAX hike, coupled with a new excise duty structure on tobacco, could lead to a surge in illicit trade of cigarettes and result in significant tax revenue losses for the country, experts said.
1 min
January 05, 2026
Financial Express Chennai
Govt likely to introduce Seed Bill in Budget session
TO ENSURE QUALITY and traceability while curbing spurious sales, the government is likely to introduce the Seed Bill in Parliament in the forthcoming budget session, an agriculture ministry official said on Sunday.
1 min
January 05, 2026
Financial Express Chennai
'Expect top line to grow 70-80% in FY26'
After a year spent regaining momentum following a regulatory freeze, Cashfree Payments is starting to see payoffs from investments it made earlier, particularly in cross-border payments.
1 mins
January 05, 2026
Financial Express Chennai
Romance, mediated by AI
THE RESPONSES CAME quick, but polished.
2 mins
January 05, 2026
Financial Express Chennai
Maduro sits in US custody, loyalists defiant
VENEZUELA'S TOPPLED LEADER Nicolas Maduro was in a New York detention center on Sunday awaiting drug charges after President Donald Trump ordered an audacious raid to capture him, saying the US would take control of the oil-producing nation.
1 mins
January 05, 2026
Financial Express Chennai
OPEC+ keeps output steady
OPEC+ KEPT OIL output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group's members.
1 min
January 05, 2026
Financial Express Chennai
Without reforms, 2026 could be another damp squib for equities
GLOBAL HEADWINDS
2 mins
January 05, 2026
Financial Express Chennai
IT results may underline resilience, not recovery
LARGE-CAP DOMESTIC
1 min
January 05, 2026
Financial Express Chennai
India Inc ...
AT TATA SONS, Chairman N Chandrasekaran in his New Year message to employees, reiterated the group's focus on adopting AI across functions to improve execution, signalling that AI is now viewed as an enterprise-wide lever rather than an experimental tool.
1 min
January 05, 2026
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