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Allied Blenders and Distillers posts Rs 78.62 cr profit in Q4

Its revenue from operations was up 10% to Rs 1,934.72 crore in the quarter. It was at Rs 1,757.42 crore in the corresponding quarter of the previous fiscal year.New Delhi: Allied Blenders and Distillers has reported a consolidated net...

Emami Q4 profit up 10.5% to Rs 162 cr

The total income of Emami, which includes other income, was up 9.12% to Rs 984.21 crore.New Delhi: Homegrown FMCG firm Emami Ltd on Friday reported a 10.5% increase in consolidated profit after tax at Rs 162.17 crore for the...

Dabur to exit underperforming products such as tea, diapers; to double down on Q-com

Dabur also plans to expand to double down on emerging channels like e-commerce, and modern trade, besides effective expansion across urban and rural IndiaNew Delhi: Homegrown FMCG major Dabur India will exit categories such as tea, adult and baby...

Godrej Consumer expects revival in FMCG demand in the next 12-18 months

The FMCG demand will be helped by tailwinds as lower food inflation, normal monsoon and pay commissionNew Delhi: FMCG major Godrej Consumer Products Ltd (GCPL) expects a revival in demand in the next 12-18 months, helped by tailwinds as...

Dabur India net profit falls over 8% to Rs 313 cr

The company had earned Rs 341.22 crore net profit in the January-March period of 2023-24New Delhi: Home-grown FMCG major Dabur India on Wednesday reported over 8 per cent fall in consolidated net profit at Rs 312.73 crore for March...

ITC leveraging AI for supply chain efficiency, demand forecasting

The company has built pilot plants for various categories, enabling rapid prototyping and testing of products based on these insightsKolkata: ITC Ltd on Saturday said it is leveraging artificial intelligence and a robust digital backbone to accelerate product innovation,...

Nestle India Q4 profit drops 6.5% to Rs 873 cr, sales up 3.7% to Rs 5,448 cr

The company posted a profit of Rs 934.17 crore for the January-March period a year agoNew Delhi: Nestle India Ltd on Thursday reported 6.5 per cent decline in consolidated net profit at Rs 873.46 crore for March quarter FY25...

India is proving to be a high-growth market for consumer products MNCs: Report

The report revealed that two-thirds of MNCs outperformed the overall Indian FMCG industry in growth between 2018 and 2023Bengaluru: India is quickly shedding its reputation as a daunting emerging market and is delivering superior returns to winning global consumer...

ITC to acquire 24 Mantra Organic brand for Rs 472.50 cr

The transaction will fortify ITC's presence and market standing in the high growth organic products segment in both Indian and overseas marketsNew Delhi: Multi-conglomerate ITC on Thursday said it will acquire Sresta Natural Bioproducts, engaged in the manufacturing and...

Dabur sees contraction in Q4 profit, decline in India revenue; shares tumble to 52-week low

Dabur expects its consolidated revenue to be "flattish" during Q4 FY25, the company said in its latest quarter updates filed on Wednesday late eveningNew Delhi: Home-grown FMCG major Dabur expects its revenue to decline in the third quarter, impacted...

HUL board approves 14.3% stake acquisition in Lucro Plastecycle

The investment aims to strengthen plastic circularity by increasing the availability of recycled content for flexibles, providing a roadmap for businesses to move towards sustainable plastic packaging New Delhi: FMCG major Hindustan Unilever Ltd's board on Thursday said it has...

Temasek acquires 10% stake in Haldiram’s snacks business for Rs 85,000 crore

Post the stake acquisition, Haldiram's value stands at $10 Billion...New Delhi: Singapore's state-owned private equity giant Temasek has acquired 10% stake in Haldiram Snack Foods for Rs 85,000 crore. Post the stake acquisition, Haldiram's value stands at $10 Billion....

ITC shares in the spotlight as Wells Fargo offloads stocks worth Rs 106 crore

The shares were disposed of at an average price of Rs 401.60 apiece, taking the transaction value to Rs 106.62 croreNew Delhi:  ITC shares are likely to remain in focus after financial services company Wells Fargo offloaded stocks worth...

AI to have big impact on entire chain of investing, says former HUL MD Sanjiv Mehta

He also said that the India-focused joint venture that he formed with global investment firm L Catterton's Asian arm to develop a new investment vehicle is primarily focused on consumersMumbai: AI will have a big impact on the entire...

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NOTO Ice Cream opens first scoop shop Meltshop

With the new format, NOTO brings its ice creams from online carts to an in-store scoop experienceBengaluru: NOTO Ice...
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