THE MAKER OF PARACHUTE OIL BELIEVES MEN'S GROOMING PRODUCTS ARE THE WAY FORWARD

摘要

As with all Indian consumer goods firms, homegrown major Marico has been hit by India's recent economic slowdown. The Mumbai-based company, which boasts fast moving consumer goods (FMCG) brands like Parachute Oil, Hair & Care, and health care brand Saf-fola, had a "soft" September quarter. The firm's consolidated revenues fell marginally to Rs1,829 crore ($254 million) in the period, compared with Rs1,837 crore a year ago. Do- mestic sales volumes, meanwhile, grew a meagre 1%.