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FMCG players expect volume trends to sustain amid rising demand in rural markets

FMCG majors, including HUL, ITC, Dabur, Britannia, Nestle and Emami, in their June quarter earnings have reported 'green shoots'New Delhi: Fast-moving consumer goods (FMCG) companies expect to sustain volume growth in the coming quarters, buoyed by recovery of demand...

ITC Q1 net profit flat at Rs 5,177 cr, revenue up 7.5% to Rs 20,029.5 cr

Gross Revenue was up "in a challenging operating environment, driven by Hotels, Value Added Agri products and Leaf Tobacco," said ITC in an earning statementNew Delhi: Diversified group ITC Ltd on Thursday reported a marginal decline in consolidated net...

Food services sector set to reach Rs 7.76 lakh cr by FY28: NRAI

The sector has recovered from the setback of the COVID-19 pandemic during which it shrunk to Rs 2 lakh crore in FY21New Delhi: India's food services sector is estimated to grow by 8.1% to reach a size of Rs...

ITC Q4 profit marginally down to Rs 5,191 cr, revenue up 2% at Rs 19,446 cr

Revenue from operations in the fourth quarter was at Rs 19,446.49 croreNew Delhi: Diversified entity ITC Ltd on Thursday reported a marginal decline in consolidated net profit at Rs 5,190.71 crore for the fourth quarter ended March 31,...

Punjab Grill partners with cutlery manufacturer Venus Industries 

This multi-year partnership will bring Venus' Pristine Gold Collection to the tables of Punjab Grill New Delhi: Fine dining restaurant chain Punjab Grill has partnered with Venus Industries - a stainless tableware and kitchenware brand, a release by the company said...

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

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 quartersNew Delhi: Fast-moving consumer goods...

Spencer’s Retail exited loss-making Kerala, TN to double-down on focused markets: Anuj Singh, MD

Anuj Singh of Spencer's speaks about the ongoing slowdown in the retail business, the proliferation of products for retailing and much moreNew Delhi: Anuj Singh, managing director of Spencer’s Retail, is an industry veteran with almost three decades of...

ITC Q3 net profit rises 6.5% to Rs 5,400.52 crore

Its gross revenue from sales rose 2.3 per cent to Rs 19,337.84 crore during the quarter under reviewNew Delhi: Diversified entity ITC Ltd on Monday reported a 6.51 per cent rise in consolidated net profit to Rs 5,400.51 crore...

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

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

ITC Sunfeast Baked Creations pays tribute to Chandrayaan 3 mission with a special dessert

Called Lunar Dulce de Leche Choux Bun by ITC Sunfeast Baked Creations, the dessert features a velvety white rocher glazed choux bun resembling the moon and is adorned with a chocolate replica of the Chandrayaan 3 rover New Delhi: Paying tribute to the...
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Digital Icon : Bhupendra Shivhare

Bhupendra Shivhare is a self-motivated and enthusiastic individual with an insatiable thirst for success and a vision to surpass...
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