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The Indian fast-moving consumer goods (FMCG) sector is witnessing a wave of leadership changes, with several leading companies appointing new chief executives and elevating senior executives as they seek to sharpen execution, drive growth and adapt to an evolving consumer landscape. In the last 12 months or so, at least half a dozen major FMCG companies, including Hindustan Unilever Ltd (HUL), Godrej Consumer Products Ltd (GCPL), Dabur India, Britannia Industries and Colgate-Palmolive India, have announced transitions at the top level, with Nestle India's own change of guard having taken place just before that window. These leadership changes have come at a time when FMCG companies are grappling with a challenging operating environment marked by uneven consumer demand, rising competition from regional and local players, and pressure to deliver volume-led growth while protecting market share, profitability and earnings. Companies are also contending with elevated input costs driven b
Patanjali Foods Ltd has reported an 86 per cent increase in its consolidated net profit to Rs 335.73 crore in the quarter ended June, backed by higher total income. Its net profit stood at Rs 180.35 crore in the year-ago period. Total income rose to Rs 11,341.89 crore during the first quarter of this fiscal from Rs 8,779 crore in the corresponding period of the preceding year, according to a regulatory filing. Edible oil business contributed Rs 8,504 crore revenue during the April-June period of the 2026-27 fiscal, while the FMCG vertical accounted for Rs 2937.74 crore of the total revenue. Incorporated in 1986, Patanjali Foods Limited is one of the leading edible oil companies in the country. The company operates in the Edible Oils, FMCG, and Wind Power Generation segments. It sells products under different brands like Patanjali, Ruchi Gold, Nutrela, Dant Kanti, Mahakosh, Sunrich, etc. During the 2025-26 fiscal, the company's net profit grew to Rs 1,814.47 crore from Rs 1,300.70
ITC expects its FMCG market to expand to around Rs 8 lakh crore by 2035 as the conglomerate looks to strengthen its position through a combination of brand-building, digital commerce expansion, and strategic acquisitions, Chairman & Managing Director Sanjiv Puri said on Thursday. Addressing shareholders at the company's Annual General Meeting (AGM), Puri said the Indian FMCG market was "poised for significant expansion" as the consumer landscape evolves rapidly. "The rise of aspirational Bharat, premiumisation, Gen Z and Gen Alpha consumers, expanding digital access and the growth of quick commerce are reshaping categories, channels and expectations," he said. To capitalise on these trends, ITC is leveraging an AI-led consumer insight ecosystem that enables micro-segmentation and supports the development of differentiated offerings tailored to evolving consumer needs, lifestyles and occasions, Puri said. He also underscored the growing role of online and omnichannel commerce in ...
India's top FMCG companies presented a mixed picture on staff strength in 2025-26, with Hindustan Unilever and Dabur trimming their permanent workforce even as most players in the sector raised median employee remuneration, according to disclosures in their annual reports. While Nestle India, Marico and Tata Consumer Products Ltd (TCPL) added to their headcount during the fiscal, Hindustan Unilever (HUL) and Dabur saw a decline in permanent employees on their rolls, the filings showed. Median remuneration increases across companies in FY26 ranged between 6.08 per cent and 12.1 per cent, with Tata Consumer Products leading and HUL trailing among the five majors. HUL's permanent employee count fell to 5,898 as of March 31, 2026, from 6,604 a year earlier, a reduction of over 700 employees. The percentage increase in the median remuneration of employees for the financial year was 6.08 per cent, lower than the 8.39 per cent increase recorded in FY25. However, in FY26, the average sala
Leading FMCG makers have expressed optimism on consumption trends, growth prospects, and margin improvement for the current fiscal, even as they continue to monitor inflationary pressures and the potential impact of El Nino-induced weather volatility. Demand conditions remained resilient, supported by steady economic activity, while easing commodity prices are expected to recover margins progressively in the coming quarters, said fast-moving consumer goods (FMCG) companies in their respective first-quarter business updates. Companies like Dabur India, Godrej Consumer Products Ltd (GCPL) and Marico have reported strong business momentum in the June quarter and are optimistic over consumption trends for the rest of FY27, despite inflationary pressures, commodity volatility and geopolitical uncertainties. Marico expects its consolidated revenue to grow in the early twenties, while GCPL expects to achieve high-teens growth. Similarly, Dabur also expects double-digit growth in consolidat
FMCG major Nestle India is pinning its growth ambitions on the rural and semi urban markets, where aspirations are rising and the next wave of long-term consumption is being shaped, said its Chairman & Managing Director Manish Tiwary. India remains a market of immense opportunity, where consumption growth will increasingly be driven by deeper household penetration, wider distribution and stronger engagement with consumers across geographies, said Tiwary while addressing shareholders at 67th annual general meeting (AGM) of Nestle India. However, he also emphasised on the importance of understanding India's diverse consumer landscape and said the company remains focused on customer-centricity and tailoring offerings to varied consumer needs. "India is not one market and it is certainly not one consumer. It is dozens of markets layered on top of each other by income, geography, language, aspirations, habit and taste. The opportunity ahead of us is not just to serve the India that ...
FMCG major has rejected allegations circulating on social media regarding the alleged presence of infestation in Maggi noodles, asserting that laboratory tests on a batch and market samples confirmed that products met all quality and food safety standards. In a clarification submitted to stock exchanges, the company said it was made aware of the complaint through the Food Safety and Standards Authority of India (FSSAI) following concerns raised by an unverified account on social media platform X. "We categorically reject allegations circulating on media basis an unverified account regarding the presence of infestation, allegedly on MAGGI noodles," said Nestle India in response to a query from the NSE and the BSE on a media report published on June 12. The company said it is "yet to receive" any sample from the complainant for assessment, and did not receive any response from them while the social media account remained unreachable. "As part of standard procedure, the reference samp