Page 25 of FMCG

FMCG, godrej consumer products, reliance retail, competition, modern retail, private labels, revenue growth, inflation, pricing, value growth

FMCG cos eyeing 20% growth in 2023, bet on rural demand to drive segment

“We saw a high demand and a growth of more than 30 per cent from the last fiscal year. We…

March 7, 2023 14:31 IST

Jumbotail, Adani Wilmar, counterfeit products, FIR, raid, Fortune oil, law enforcement

Which PepsiCo, Mother Dairy, Adani items will sell the most in 2023; FMCG firms confident of stellar sales

FMCG companies are optimistic about at least 20 per cent growth in 2023, particularly in rural markets, with demand for…

March 7, 2023 13:20 IST

FMCG, inflation, rural market, Saffola, Marico, personal care, margins, food segment, general trade, e-commerce, international business

Worst of inflation over and there is gradual recovery for FMCG, says Marico MD & CEO

“I think the worst is behind,” said Saugata Gupta, adding, “Overall for FMCG, we see a gradual recovery, but that…

February 20, 2023 10:18 IST

FMCG, food business, Marico, annual report, revenue, profit, new launches, performance, investment, modern trade, e-commerce

HUL, Britannia, Nestle, Marico, others bet on rural recovery to lift profits

A pick-up in demand in rural market is seen as a reflection of improving trends in the economy, which is…

February 17, 2023 15:10 IST

ITC share price rose marginally on Monday as investors reacted positively to Q3 results and unforeseen positive Budget guidelines. So far, ITC shares have seen a hike of 15.19% in 2023.

ITC share price outlook: Check brokerage calls and target prices; cigarette volumes improving, FMCG growing

Analysts keep a bullish view on cigarettes and FMCG giant ITC, given consistent stability in the taxes and demand environment,…

February 7, 2023 07:21 IST

FMCG, demand, rural market, recovery, commodity price, marketing investments, advertising, FMCG sales, traditional trade, small pack, inflation, consumption, gross margin, profit after tax

FMCG players looking at demand recovery in rural markets, increasing marketing spends

In the third quarter ended December 31, 2022, the companies reported growth in the urban markets. Modern trade channels and…

February 6, 2023 11:37 IST

FMCG consumption continues to decline with negative volume growth in December quarter: Report

According to the report released by data analytics firm NielsenIQ on Thursday, in October-December, the FMCG industry grew 7.6 per…

Updated: February 2, 2023 14:38 IST

P&G, profit, commodities cost, FMCG, hygiene goods, consumer goods, interim dividend, equity share

P&G Hygiene and Health Care posts dip in Q2 profit as costs jump

Procter & Gamble Hygiene and Health Care said in an exchange filing it operated “in a challenging cost and operating…

February 1, 2023 08:28 IST

FMCG firms bet big on millets, product baskets get larger

In an effort to mainstream millets like jowar, bajra and ragi, these companies have already introduced a clutch of products…

Updated: January 31, 2023 07:13 IST

Unilever, market dominance, FMCG, HUL, price increase, price hike, rural consumption, demand, revenue, urban shoppers, household products, kirana stores

Unilever’s dominance in India helps it raise prices, pinching rural poor

HUL last week reported a 16 per cent rise in sales to 149.86 billion rupees ($1.84 billion) in the quarter…

January 24, 2023 18:34 IST

Amul, election, chairman, GCMMF, milk, milk prices, price hike, leadership role, revenue, turnover, dairy, FMCG

Shamal Patel, Valamji Humbal re-elected as chairman & vice-chairman of Amul

The election was held in Anand in presence of the heads of all the district cooperative milk unions. The elections…

January 24, 2023 17:34 IST

HUL shares, HUL share price, HUL Q3 results

HUL shares fall 3% on profit-booking after positive Q3 result; should you buy, hold or sell?

HUL shares slipped 3% despite Q3 results beating estimates. The stock has rallied more than 16% in the last one…

January 20, 2023 09:22 IST

store launch, expansion, QSR, restaurant, footfall, FMCG, overseas expansion, rural income, budget 2023, union budget, commodity prices, GST

Bikanervala will open 10 outlets in Gurgaon in 2023; will launch one outlet in Canada, two in UAE

“Over the years Bikanervala has expanded its footprint across the country including South India and even to foreign shores.We will…

January 19, 2023 17:08 IST

HUL Q3 preview: How much will net profit, revenue jump, what will hit margins, what are investors watching

HUL will report its Q3 earnings numbers on 19 January, Thursday. HUL shares have jumped more than 5% in the…

January 18, 2023 12:26 IST

FMCG, avenue supermart, hsbc, ICICI Securities, dmart

Avenue Supermarts: Slower network expansion, margin drop worry analysts

DMart is incrementally adding larger area stores, while per-store revenues remained muted.

January 18, 2023 00:45 IST

Spencer’s Retail enters ‘value’ segment, unveils hypermarket chain

The RP-Sanjiv Goenka Group’s multi-format retailer is launching the Value Market stores, catering to value conscious customers, in tier III…

Updated: January 17, 2023 10:20 IST

dmart, hsbc, Avenue Supermarts, q3 results

DMart: Margin miss, slow recovery; Q3 sales lower than expected in fully normal & festive season

The revenue/average square foot was still below the pre-COVID-19 as well as the 2018 level.

January 17, 2023 01:50 IST

DMart net at Rs 641 crore, misses estimates

Revenue from operations rose 24.7% on year to Rs 11,305 crore, however, the profitability declined 100 basis points to 8.6%…

Updated: January 15, 2023 16:38 IST

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India now 3rd largest in RE capacity, targets 1,800 GW by 2047: Pralhad Joshi

Economy36 min ago

India has become the third-largest solar energy producer with a capacity of 125 GW. It aims to achieve 500 GW of renewable energy by 2030, with a major focus on solar energy. The International Solar Alliance, a joint effort with France, plans to attract $1 trillion in solar investments by 2030. India is also looking to increase domestic manufacturing and collaborate with other nations.

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