We take pride in the significant contributions that come from the diversity of individuals and ideas.
At Marico, our core value proposition is to provide challenging, enriching and fulfilling opportunities that maximise our people's potential. We believe that our ability to deliver on this proposition by providing early responsibility, fast paced learning & growth and an entrepreneurial, and flexible work culture make us one of the great places to work.
Marico builds leaders. Members are developed as leaders by leveraging a combination of proven, experiential and futuristic approaches. Early responsibility, empowered roles and the bedrock of our values give each member a purpose to make a difference in what they do.
It is all about the 'big idea'.
At Marico, we believe it is fundamental to integrate sustainability into our core business strategy, to enable a long-term win-win situation for all stakeholders. Our stated purpose is to "Make a Difference" by ensuring a positive impact.
India has continued to perform amidst global turmoil and delivered
It gives me great pleasure to share with you an update on the overall performance of your Company in 2016-17. Brand, talent and culture remain our key assets to deliver sustainable business and earnings growth, thereby creating long-term value for our shareholders. The year under review had a decent volume and profit growth given the macro-environment headwinds.
The consolidated profit after tax grew strongly by 12% compared to last year.
We are pleased to inform you that we have ended yet another successful year with satisfactory results. Despite the increasingly challenging environment, we continue to grow our business profitably. This would not have been possible without our people. At Marico, our members are passionate about making a measurable impact in everything we do.
Managing Director and CEO