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

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...

Revenue growth to come back in H2, would continue portfolio diversification: Marico MD & CEO

In the next two quarters, revenue growth of the company would be in line with volume growth, Gupta told PTI New Delhi: Home-grown FMCG major Marico expects revenue growth to come back in the second half of the fiscal and sluggish...

Prozo launches cold storage facility in Tamil Nadu

Located near major seafood hubs in the East Coast region of Tamil Nadu and Andhra Pradesh, the facility spans over 30,000 sq. ft. with a height of 39.8 ft. and is compliant with all safety and security norms Bengaluru: Supply...

Dabur scouting for acquisition targets in D2C healthcare, personal care: CEO

The acquisition will help Dabur to increase its play in the fast-growing premium segment and also to strengthen our urban play, Malhotra said in a post-results Investors' Conference Call New Delhi: Homegrown FMCG major Dabur India is looking for an...

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

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,...

Marico expects gross margin to improve 200-250 bps in FY24 as inflation cools down

Marico expects a "volume-led growth" in the domestic market and gains in market share by most of its products New Delhi: Homegrown FMCG major Marico expects its gross margins to improve by 200-250 bps in FY24, helped by cooling commodity...

Consumer demand stable in Q1, margins to improve: say FMCG players

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 period New Delhi: The fast-moving consumer goods (FMCG) sector witnessed a stable demand in...

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressures New Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...

FMCG makers see green shoots of revival in rural market, increase marketing spends

Firms such as HUL, Godrej Consumer Products Ltd, Dabur, Marico and Emami expect recovery in consumption and are increasing upfront marketing investments in advertising and promotion New Delhi: Major FMCG companies feel the demand slump has bottomed out and there are...

Marico acquires Vietnamese personal care brands in Rs 172 crore deal

Homegrown-FMCG company Marico to acquire Vietnam-based Beauty x Corporation in an all-cash deal to expand its presence in Vietnam New Delhi: Marico on Friday said it will acquire Vietnam-based Beauty X Corporation, which owns female personal care brands 'Purit de...
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