Page 20 - Sharleen Dsouza

From Dabur to Britannia, FMCG firms begin to see volumes growth revival

Companies expect the trend of rural outpacing urban to continue

Titan Company Q1 FY25 results: Net profit down 5%, revenue rises 12.6%

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 Enterprises board approves demerger of food and FMCG business

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

It has been very good quarter, have seen 12% volume growth: Adani Wilmar MD

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

Tata Consumer Products Q1FY25 results: Net profit down 8.3% to Rs 290.3 cr

The salt business revenue grew by 9 per cent on the back of strong volume growth

Q1 results: Adani Wilmar swings back into Rs 313 crore net profit

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

Retail jewellery sector: Indriya entry adds lustre to formalisation

Aditya Birla joins the fray of an already booming jewellery retail market

PepsiCo India's profit at Rs 200 cr during Apr-Dec, revenue at Rs 5,794 cr

The food and beverage giant in India changed its financial year to January-December from April-March to align with its parent company

Buyers throng jewellery stores after cut in Customs duty on gold

The government has reduced custom duties on gold bars to 6% from 15%

Unilever spells out strategy behind the first quarter volume growth

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

India's fast pace transformation reflects changing consumer trends: HUL MD

With increasing affluence, the new India is spearheaded by aspiration for better quality of life, he says

Govt proposes to reduce BCD on some items used in manufacturing apparel

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

Budget 2024: Consumer goods firms may see an upswing after year of lull

Announcements may put more money in hands of taxpayers boosting consumer demand

HUL Q1 results: Net profit rises 2.2% to Rs 2,610 crore, revenue up 1.4%

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

Economic Survey 2023-24: Consumer durables inflation eased in FY24

In FY22 and FY23, clothing was a major driver of inflation

Metro cash and carry acquisition: Reliance Retail boosts B2B store count

The company added 30 new stores during the April-June quarter, it said in its investor presentation after announcing its results on Friday

Reliance Retail profit flat in Q1, Ebitda grows on store expansion

Company adds 331 new stores and records footfall at 296 million across formats, up 18.9%

Kishore Biyani's nephew Vivek Biyani launches retail chain for D2C company

Broadway to house over 100 Indian D2C brands offline in a content-to-commerce model

Asian Paints Q1 results: Net profit falls 24.5% on weak demand, price cuts

During the quarter, the company's net sales stood at Rs 8,970 crore and were down 2.3 per cent due to weak demand conditions, which the company attributed to general elections and severe heat waves

Soaring temperatures help consumer durable firms rake in moolah in Q1

JM Financial said in its report that companies witnessed the highest growth ever in room air conditioners (RAC) on the back of a strong season, and improvement in demand for refrigerators