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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

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...
FMCG

Rural recovery for FMCG companies takes a pause amid food inflation, uneven rains

PTI -
FMCG makers like HUL, ITC and Nestle have expressed concerns over uneven rains, the impact of crop output and rising prices of some commodities such as wheat, maida, sugar, potato, coffee, etc  New Delhi: The FMCG industry has witnessed a...
FMCG

Marico expects food business to reach Rs 850 crore in FY24

PTI -
Saffola, the master brand under which Marico offers healthier foods, has expanded the total addressable market to over Rs 10,000 crore, through a portfolio of healthy value-added offerings New Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...
Food Service

QSR chain Wow Chicken by Wow! Momo opens outlet in Mumbai

Nehal Gautam -
Located at Phoenix Marketcity, Kurla in Mumbai, this is the 35th store of the fast food chain Wow Chicken Mumbai: Multi-brand quick service restaurant (QSR) chain Wow! Momo Foods has opened the latest outlet of its brand Wow! Chicken in...
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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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