Rural continues to outpace urban in volumes growth
Industry growth steady and reflects resilience and adaptability, says consumer research firm NielsenIQ
The maker of Good Knight said it will invest Rs 500 crore in its pet care business over a period of five years
The oil-to-telecom conglomerate also added that its retail arm remains steadfast in innovating across formats and products to improve customer experience and serve evolving consumer needs
The company has increased its rural distribution and now has up to 30,000 rural distributors
Companies expect the trend of rural outpacing urban to continue
The jewellery major's profit before interest, depreciation and tax grew 10.3 per cent to Rs 1,367 crore in the quarter ended June
Adani Wilmar shares closed at Rs 348.80 per share, up 0.19 per cent on NSE, while Adani Enterprises closed at Rs 3,225.10 per share, up 1.76 per cent
In volume terms, we will block at least 20-25 per cent growth over last year. Volume wise we should do more than a million tonnes to 1.2 million tonnes, said Angshu Mallick, MD and CEO, Adani Wilmar
The salt business revenue grew by 9 per cent on the back of strong volume growth
Edible oil registered strong volume growth of 12 per cent YoY and surpassed one million tonnes in the quarter and its food & FMCG sales crossed Rs 1,500 crores in Q1
Aditya Birla joins the fray of an already booming jewellery retail market
The food and beverage giant in India changed its financial year to January-December from April-March to align with its parent company
The government has reduced custom duties on gold bars to 6% from 15%
Hindustan Unilever's chief financial officer, Ritesh Tiwari, also said while talking about advertising spend, that the company continued to invest competitively in its brands
With increasing affluence, the new India is spearheaded by aspiration for better quality of life, he says
Suresh Nair, partner at EY India, said that this will make exporters more competitive. "This is a positive move for exporters and it will definitely give exporters competitive edge in mkt," Nair said
Announcements may put more money in hands of taxpayers boosting consumer demand
According to Bloomberg, analysts had pegged HUL's revenue at Rs 15,586.9 crore and net profit at Rs 2,601 crore for Q1 FY25
In FY22 and FY23, clothing was a major driver of inflation