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In the event of second interim dividend, the record date shall be March 6, 2024, said the management

However, scaling these businesses beyond the niche markets while staying profitable presents a major hurdle. While their operating revenue might be booming, these brands, which sell products such as chocolate and protein bars, millets and dry fruits-based snacks, granola bars, oats, and breakfast cereal, also widened their losses during the year.

Get latest articles and stories on Business at LatestLY. Hyderabad (Telangana) [India], December 9: GrabOn, India's leading online savings destination, is elated to announce the resounding success of its dual-spectacle event - the Cricket Fantasy League (CFL) and Bachat Wali Diwali (BWD). The campaigns, held in tandem with the cricket World Cup fervor and the joyous Diwali season, witnessed an unprecedented surge in user participation, making it a memorable edition for GrabOn. Business News | GrabOn's CFL 11 and Bachat Wali Diwali Sparkle with Record-Breaking Success.

General trade remains the mainstay of FMCG sales in India, despite the surge in ecommerce in the past three years since the outbreak of Covid-19 and high growth of modern trade led by retail chains such as Reliance Retail and D’Mart.

Marico anticipates a return to revenue growth in the second half of the financial year. Price adjustments due to reduced inflation in the domestic market impacted revenue but helped maintain market share and expand product penetration. The CEO expects positive revenue growth in H2 as pricing deflation stabilizes.