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FMCG market

FMCG

Improving macro-indicators, good monsoon to drive consumer demand for FMCG products

PTI -
The industry expects a mid-to-high-single-digit growth in value/volume in the January-March period, along with a continuation of the gross margins expansion trend, helped by deflation in input cost New Delhi: Leading industry players expect improving macro-indicators and expectations of good...
FMCG

FMCG firms report single-digit volume growth with better margin in December quarter

PTI -
Companies such as HUL, ITC, Marico, Dabur, and Godrej Consumer Products said urban markets continued their moderate growth, while consumer demand from rural India remained subdued even as they expect an improvement in coming quarters New Delhi: Fast-moving consumer goods...
FMCG

FMCG flavours: Better volumes, rural demand revival uptick and double-digit volume growth in 2024

PTI -
The industry players are also expecting expansion of their profit margins with softening of commodity inflation that would result in increased spending on branding, return of promotional schemes for consumers and increased dividend payout to their shareholders New Delhi: From an...
FMCG

ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand

PTI -
Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 years New Delhi: Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the...
FMCG

Small regional FMCG players make a comeback, grabbing shares from big companies

PTI -
The small players are forcing larger rivals to go for a price revision in segments such as soaps, tea, detergent and biscuits New Delhi: Small regional FMCG players, which reemerged in the market after the cooling of inflation, are giving...
FMCG

Marico net profit rises 17% to Rs 360 crore, revenue falls maginally to Rs 2,476 crore in Q2

PTI -
Total expenses of Marico, which owns brands like Saffola, Parachute, and Livon, stood at Rs 2,038 crore during the September quarter of the financial year 2023-24 New Delhi: Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent...
Retail

Soaring tomato prices made veg thali dearer by 28% in July as compared to June: Report

PTI -
The inflation in the thalis is largely driven by the 233 per cent jump in tomato prices to Rs 110 per kilogramme in July from Rs 33 in June Mumbai: Preparing a 'vegetarian thali' got dearer by 28 per cent...
Food & Beverage

Nestle India shares declines over 3% post Q2 earnings announcement

PTI -
The stock of Nestle India fell 3.16 per cent to Rs 22,081.75 apiece on the BSE. It was later trading at Rs 22,260.95, down 2.38 per cent over its previous close New Delhi: Shares of Nestle India on Thursday declined...
Latest News

Marico to acquire 58% stake in Satiya Nutraceuticals for Rs 369 crore

PTI -
The company has signed a definitive agreement to acquire a majority stake of 58 per cent in Satiya Nutraceuticals for a consideration of Rs 369.01 crore New Delhi: Home-grown FMCG firm Marico will acquire a majority stake in Satiya Nutraceuticals,...
FMCG

Bikaji Foods International acquires 49% stake in Bhujialalji

Indiaretailing Bureau -
Subsequent to the acquisition, Bhujialalji Private Limited will become an associate to the company Mumbai: Bikaji Foods International Ltd. has acquired a 49% stake and 396 Compulsorily Convertible Debentures (CCDs) in Bhujialalji Pvt. Ltd., an upcoming company in the ethnic...
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E-CommerceIndiaretailing Bureau -

Big Basket partners with Tanishq and MMTC-PAMP

Big Basket, a Tata Enterprise, offers fresh fruits, vegetables, pulses and other groceries New Delhi: Online grocery platform Big Basket...
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