Indian FMCG Market
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 2023-24New 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...
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 closeNew Delhi: Shares of Nestle India on Thursday declined...
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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
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 offeringsNew Delhi: Home-grown fast moving consumer goods (FMCG) firm Marico expects its...
FMCG
Consumer demand stable in Q1, margins to improve: say FMCG players
PTI -
Two FMCG players - Marico and Godrej Consumer Products Ltd (GCPL) - in its quarterly updates reported that the overall consumer demand remained steady in the April-June periodNew Delhi:Â The fast-moving consumer goods (FMCG) sector witnessed a stable demand in...
FMCG
Winning Brand-Retailer Parternships: Wingreens and Reliance Retail
10 outstanding success stories of collaboration exemplifying how brands and retailers can create a winning playbook by leveraging each other’s capabilities and resourcesBy collaborating, brands and retailers can reach out to new customers and expand their reach in the...
FMCG
RPSG’s Too Yumm brand forays into snacks category
PTI -
The company is eyeing a significant chunk of the over Rs 30,000 crore ethnic snacks market in the country, including the organised space of Rs 14,000-15,000 crore, and has set a target of achieving Rs 100 crore sales in...
FMCG
Rural slowdown bottoming out, gradual recovery in volume expected: HUL
PTI -
Though the rural growth was still down 3 per cent in the quarter ended March 31, 2023, it is on the right path of recovery with overall commodities price moderationNew Delhi:Â The rural slowdown is "bottoming out" and a gradual...
FMCG
Agri-Tech platform WayCool introduces new FMCG entity BrandsNext
BrandsNext will be headed by its chief executive officer BP Ravindran, who will lead the company's activities from product innovations to category expansions
Bengaluru:Â Food and Agri-Tech platform, WayCool has launched a new entity titled BrandsNext to drive its FMCG business,...
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A titan who cared about making India better: industry captains mourn Ratan Tata’s demise
Tata, 86, breathed his last at a Mumbai hospital at 11.30 pm on Wednesday. He had been admitted to...
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