FMCG
Analysis
Inflation for FMCG segment cooling down, volume from rural markets going to improve, says ITC CMD
ITC Chairman Sanjiv Puri said volume growth from rural markets is going to be better as the inflationary pressure on the FMCG calms down
New Delhi: Inflationary pressure on the FMCG segment is "cooling off a little" and volume growth...
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FMCG makers keeping close watch on softening commodity prices; may extend some benefits
Softening of commodities prices will help the FMCG firms in improving their profit margins and also some elbow room to pass on the benefits to consumersNew Delhi: Leading FMCG companies say they are keeping a close watch on...
In Focus
FMCG industry continues to see slowdown; sales volume falls in rural mkts in Sept quarter: Report
PTI -
The FMCG industry witnessed an overall volume decline of 0.9 per cent in the September quarter in comparison to the preceding three monthsNew Delhi: The country’s FMCG industry continued to witness consumption slowdown in the September quarter, with rural markets...
In Focus
HUL and GSK Consumer to terminate distribution agreement for OTC products
PTI -
The agreement was for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne. The one-year notice period for termination shall commenced from November 9, 2022New Delhi: FMCG major Hindustan Unilever Ltd (HUL) and healthcare firm GSK have mutually decided...
Food
Britannia Industries Q2 net profit rises 28.5 pc to Rs 490.58 cr; income up 21 pc to Rs 4,380 cr
PTI -
Its total revenue from operations climbed 21.40 per cent to Rs 4,379.61 crore from Rs 3,607.37 crore in Q2 FY22. This is the company’s “highest quarterly revenue” recorded.New Delhi: Bakery foods company Britannia Industries Ltd on Friday reported a 28.47...
In Focus
FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases
PTI -
In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur and Nestle have reported volume growth as wellNew Delhi: The FMCG industry expects an improvement in...
In Focus
Marico Q2 net profit falls to Rs 307 crore, revenue up at Rs 2,115 crore
PTI -
Marico reasons that the profit was down mainly due to losses on translation of foreign currency receivables and higher Effective Tax Rate (ETR)New Delhi: FMCG firm Marico Ltd reported a decline of 2.84 per cent in its consolidated net profit...
Food
White-rum leader Bacardi now enters domestic whisky space
The 158-year-old brand based in Santiago de Cuba, is better known as the white rum brand in the country and has been the market leader here since its entry a few decades back.Mumbai :Bacardi, the Mexican liquor major known for...
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Bikano to accelerate digitalisation, e-commerce and D2C channels in 2022
In talk with Manish Aggarwal, Director, Bikano to know the insights of the business If you had to pen down your top 3 learnings from 2021 then what would that be?Hygiene, Convenience &...
Big Grid
FMCG firms apply 2020 pandemic learnings for minimal disruption
Amid surging COVID-19 cases in the country, FMCG companies say they are applying learnings from the last year when nationwide and several localised lockdowns impacted their manufacturing and supply chain, to mitigate impact of any future disruption. Emami Ltd Director Harsha V Agarwal said based...
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Kylie Cosmetics by Kylie Jenner debuts in India
Kylie Cosmetics will be available exclusively in 25 Sephora stores nationwide and online on www.sephora.in.Bengaluru: Kylie Cosmetics founded by...
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