FMCG firm Marico expects to grow in double digits for the next 4-5 years and is keeping options open for acquisitions in India and overseas markets to realise its ambitions.
"The board has declared payment of interim dividend of Rs 1.75 per equity share on the face value of a Re for the financial year 2016-17," the Kolkata-based company said in a regulatory filing.
Out of Maggi crisis, FMCG firm Nestle India, is looking to diversify into new segments like premium coffee business, pet care, skin health and cereals while it looks at 2017 as a "year of aggression".
FMCG firm Procter & Gamble Hygiene and Health Care today reported a 2.80 per cent rise in net profit to Rs 150.62 crore for the December quarter.
GCPL's total income was up 8.75 percent during the period under review at Rs 2,485.77 crore as against Rs 2,285.74 crore a year earlier, it said in a BSE filing.
The company had posted net profit of Rs 27.06 crore in the January-March period of the 2014-15 fiscal.
Bajaj Corp's net sales stood at Rs 227.79 crore in the quarter under review, down 3.24 percent, as against Rs 235.42 crore in the year-ago period, the firm said in a BSE filing.