Brands
Marico bets on aloe vera to revive a legacy hair oil brand
MUMBAI: Marico is gambling that a dash of aloe vera can breathe new life into an ageing hair oil franchise. The Indian consumer-goods giant launched Nihar Naturals Shanti Aloe Vera Amla Hair Oil on 25 November, blending traditional amla—known for strengthening hair—with aloe vera for softness and shine.
The move signals ambition. Nihar Shanti Amla has long been a staple in northern and western Indian households, from Madhya Pradesh to Punjab. But today’s women want more than their grandmothers’ remedies. They want products that fit fast-paced lives and modern beauty ideals.
Marico’s India core business chief executive Ashish Goupal, core business, calls it “innovation grounded in consumer insight.” The company is the volume market leader in hair oils, making it both a privilege and a burden. “It is our responsibility to continuously expand the range of choices we offer,” says Goupal. This launch, he argues, modernises heritage whilst staying true to purpose: accessible, trusted haircare.
The new variant comes in sizes ranging from Rs 20 to Rs 120, available both in shops and online. In the fiscal year 2024-25, Marico posted turnover of $1.3bn, with international sales accounting for a quarter of revenue. Its brands—from Parachute coconut oil to Saffola cooking oil—reach one in three Indians.
Whether aloe vera can persuade a new generation to embrace amla remains to be seen. But Marico is betting that tradition, cleverly repackaged, still sells.
Brands
Angel One Q4 profit surges 83 per cent to Rs 320cr
year net profit dips 22 per cent to Rs 915cr as revenue softens slightly to Rs 5,137cr.
MUMBAI: Angel One has just earned its wings in style delivering a blockbuster Q4 that proves the brokerage giant is still flying high even in a cautious market. Standalone revenue from operations for the three months ended 31 March 2026 rose sharply to Rs 1,459cr, up from Rs 1,056cr a year ago. Total income stood at Rs 1,467cr. After all expenses, profit before tax came in at Rs 440cr, while net profit for the quarter surged 83 per cent to Rs 320cr (versus Rs 175cr last year). Basic EPS stood at Rs 3.52 and diluted at Rs 3.44.
For the full year ended 31 March 2026, revenue from operations was Rs 5,137cr compared with Rs 5,238cr in FY25. Total income reached Rs 5,152cr. Profit before tax was Rs 1,272cr, and net profit came in at Rs 915cr (down from Rs 1,172cr). Basic EPS was Rs 10.09 (from Rs 13.00) and diluted Rs 9.85 (from Rs 12.68).
Total comprehensive income for the quarter stood at Rs 321cr, while the full-year figure was Rs 913cr.
The strong quarterly performance reflects robust growth in interest income (Rs 455cr) and fees & commission (Rs 1,000cr), even as the full-year numbers moderated amid a softer overall environment. Finance costs rose to Rs 134cr in Q4 (full year Rs 437cr), while employee benefits stood at Rs 244cr for the quarter (full year Rs 1,067cr).
In a year when many brokers felt the pinch of muted market activity, Angel One has delivered a sparkling Q4 that shows its core broking engine is firing on all cylinders. With the books now closed on FY26, the Mumbai-based player has once again demonstrated that consistent execution and a sharp focus on retail participation continue to pay rich dividends in India’s booming capital markets.
