Marico shares in focus as arm acquires Vietnamese skincare company for Rs 262 crore

Marico is set to acquire a 75% stake in Vietnam's Skinetiq for Rs 262 crore, expanding its premium beauty and D2C presence. This follows Marico's recent 60% acquisition of wellness brand Cosmix. The company also reported a 13.3% YoY profit increase for the December quarter, driven by domestic volume growth and international expansion.