Marico posted a 9% YoY rise in Q1 FY26 net profit at Rs 504 crore, driven by strong international growth and price-led gains in India. Revenue surged 23% to Rs 3,259 crore, despite margin pressure from high input costs.
Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms’ IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders