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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 promotionNew 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 VietnamNew Delhi: Marico on Friday said it will acquire Vietnam-based Beauty X Corporation, which owns female personal care brands 'Purit de...

FMCG brands witness uptake in winter products, hopeful of rural growth in coming qtrs

FMCG makers such as Dabur, Emami and Marico are witnessing pickup in their winter-specific products portfolio ranging from skin care products to immunity products such as chyawanprash and honeyNew Delhi: Leading FMCG makers are witnessing encouraging trends from the...

FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases

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...

Marico Q2 net profit falls to Rs 307 crore, revenue up at Rs 2,115 crore

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...

FMCG firms assure uninterrupted supply amid pandemic-induced curfew

Essential food items are fast disappearing from retail shelves, as well as e-commerce platforms with supplies getting disrupted in some parts of the country due to the recent Covid-induced restrictions. Night curfews and a weekend lockdown implemented in many cities,...

Marico says ‘has witnessed healthy momentum building across key portfolios’

FMCG major Marico on Monday said it has witnessed healthy momentum building across its key portfolios and expects low double-digit bottomline growth in the fourth quarter last fiscal after being impacted by the COVID-19 pandemic, as per a PTI report. Marico, in...

Marico sets revenue target of Rs 500 cr from immunity and healthy foods

FMCG company Marico expects to deliver "mid-teen growth" in volume terms in the next couple of quarters helped by "strong revival" in consumer demand as well as sentiments, and to continue "good growth" from the rural markets, said a top company official....

Budget 2021: Apparel sector will become globally competitive, FMCG consumption will go up say experts

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...

Marico Limited’s India business has delivered a robust 15% volume growth in Q3FY21

In Q3FY21, Revenue from Operations grew by 16% YoY to INR 2,122 crores (USD 287 million) on the back of a strong domestic volume growth of 15% and a constant currency growth of 8% in the international business. Amidst steadily improving...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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