In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra discusses whether investors should look at adding this essential consumption business to their portfolio
Marico’s Q4 FY20 performance came broadly in line with street expectations. The company's domestic business, which constitutes 77 percent of sales, was severely impacted during the lockdown, especially the hair oil category including brands like Parachute.
The silver lining was seen in Saffola oils and food businesses. Higher growth in these segments was due to household stocking up on food and essential items in the early stages of the novel coronavirus, or COVID-19, outbreak.In this edition of Ideas for Profit, Moneycontrol's Sakshi Batra discusses whether investors should look at adding this essential consumption business to their portfolio.
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First Published on May 5, 2020 06:23 pm
