Marico Limited is a leading Indian consumer goods company headquartered in Mumbai, Maharashtra. The company specializes in health, beauty, and wellness products, offering a diverse range of brands such as Parachute, Saffola, Nihar Naturals, Hair & Care, Livon, Set Wet, and Mediker. These products cater to various segments, including hair care, skin care, edible oils, health foods, male grooming, and fabric care.
Marico’s products reach customers with a broad distribution network that includes retail establishments throughout India and international markets. The company has a significant presence in over 25 countries across Asia and Africa, serving a diverse customer base.
In the second quarter ending September 30, 2024, Marico reported a 20% increase in consolidated net profit, reaching 4.23 billion rupees, driven by strategic price hikes to counter rising raw material costs. The company’s revenue from operations also climbed by 7.6% to 26.64 billion rupees during this period.