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Reliance Retail Q1 results: Net profit rises 18.8% to Rs 2,448 crore

Firm's finance cost up 130% due to business expansion

Hindustan Unilever Q1 results: Net profit rises 7.3% to Rs 2.6K crore

Rural demand for FMCG sector moves into positive territory

Avenue E-Commerce losses widen, revenue surges past Rs 2,000 crore

In FY23, Ignatius Navil Noronha, CEO & MD of Avenue Supermarts salary stood at Rs 4.55 crore, the same as the previous year

Sleepwell maker to buy majority stake in Kurlon for over Rs 2,150 cr

It will also buy 35 per cent stake in Furlenco

Unseasonal rains to impact performance of consumer durables in Apr-Jun qtr

Results of consumer durables to be a dampener despite some green shoots, say brokerages

Companies feel the heat of an unusual summer; demand drops for coal, ACs

Unseasonal rain, high number of heatwave days upend business cycle of several sectors

Tatas, Wipro Consumer in race to acquire masala company for Rs 1,000 cr

The company, whose revenues stood at Rs. 1,660 crore and its net profit at Rs. 21.7 crore in FY22, has become a takeover target of various larger players

PepsiCo sees high single-digit organic revenue growth in June quarter

Volumes declined in foods and it reporte low-single digit growth in beverages

HUL has the highest peneration in shampoos followed by soap bars: Kantar

The report also said that other interesting stories at the manufacturer level include the re-emergence of Patanjali

Revenue growth for FMCG companies to tamp down in April-June quarter

Some companies are yet to see pick-up in rural demand

Restaurants watching tomato prices closely, yet to increase prices

Another problem for restaurants is the availability, owing to the crop being damaged

No urban-rural divide in FMCG sales slump in Q1, shows Bizom data

Overall sales declined 4.6%; unseasonal rains play spoilsport

FMCGs demand remains stable in Q1FY24, Marico calls out rural stress

Marico says rural demand remained elusive in April-June

Vijay Sales to Rasna: Summer sales of beverages, white goods a damp squib

Godrej Appliances had earlier said it had cut production in June due to an inventory pile-up due to weak demand

Consumers' purchasing power may increase further, says Dorab Mistry

Adani Wilmar's non-exec chairman says firm investing in food processing capacity and expanding product portfolio to meet growing demand

Amid global challenges, India a silver lining: HUL's Nitin Paranjpe

He said there were five factors that would help India in its growth journey

Reliance Consumer Products to focus on expanding distribution reach

The company will set up a separate supply chain for its carbonated drinks business, Campa Cola, as it will require cold storage as well

Reliance Consumer takes its staples brand 'Independence' to North India

In May, RCP announced its entry in the western snacks category with the launch of Alan's Bugles in India marking its foray into the snacks segment

Rural demand growing very slowly after signs of revival: Wipro Consumer

Company expected demand to be much better due to low base last year. While volumes are back, growth is still in low single digits

Patanjali Foods launches 14 products to push its premiumisation strategy

Aims for Patanjali Group turnover to touch Rs. 1 trillion in 5 years: Baba Ramdev