Fmcg Companies

Reliance's FMCG arm bets on higher margins, cheaper pricing to gain ground

Reliance Consumer Products disrupts FMCG market by offering its distributors 6-8 per cent margins - double the industry average - while pricing products 20-40% lower than competitors, to drive growth

Food inflation to recede, expect double-digit revenue growth in H2: Marico

FMCG major Marico is looking for double-digit growth in the second half of FY25 and expects the prevailing high food inflation to moderate in the next two quarters, which will help revive urban consumption, its MD & CEO Saugata Gupta said. The company, which has already gone for a price hike for its Saffola range, expects a similar action from other FMCG players as prices of raw materials such as coffee, cocoa, and palm oil have gone up. "In the sector, there will be some price increases. If you look at some other input costs for other players, there has been a globally significant increase in the prices of coffee, and cocoa, So there is a little bit of inflation situation and now you are seeing a significant increase in palm oil prices. "So across the sector, there will be some price increase," Gupta told PTI. However, he also pointed out that most of the big-scale FMCG manufacturers would try to absorb a portion of the increase in the commodity prices through various cost ...

P&G Home FY24 results: Net profit jumps 37% to Rs 573.6 cr, revenue up 5%

Procter & Gamble Home Products Ltd has reported a 36.8 per cent increase in its net profit at Rs 573.6 crore and a 4.8 per cent rise in revenue from operations at Rs 8,756.8 crore during FY24, according to the company's filing to RoC (Registrar of Companies). The FMCG major's total income, which also includes other income, was up 11.2 per cent to Rs 9,413.02 crore during the financial year ending March 2024, according to the financial data accessed through business intelligence platform Tofler. In FY23, Procter & Gamble Home Products Ltd (PGHPL), an unlisted entity of Procter & Gamble India, had reported a net profit of Rs 419.31 crore, while its revenue from operations stood at Rs 8,352.10 crore. This P&G entity operates in the fabric and home care, baby care and hair care business of the FMCG major with brands such as Pampers, Tide, Pantene etc. PGHPL's profit before tax was up over two-fold to Rs 1,256.73 crore in FY24. Its advertising and promotional expenses were .

PepsiCo, Unilever sell lower quality products in India, finds report

A health rating system found that the average score for products across 30 companies was 1.8 out of 5 for low-income countries, while it was 2.3 for high-income countries

Dabur Q2 may be a blip, price fall may provide entry to long-term investors

India revenue declined 7.6 per cent Y-o-Y, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms

FMCG sector flags urban consumption slowdown as food inflation bites

Lower salary increases, high interest rates will continue impacting urban demand, says Nomura

Kirana stores face tough Diwali with 30% sales drop, quick commerce thrives

In India, approximately 13 million kirana stores form the backbone of FMCG distribution, especially in rural regions and Tier-II and Tier-III cities, accounting for nearly 85 per cent of sales

Upgradation trend consistent even in rural: Unilever CEO Hein Schumacher

Hindustan Unilever (HUL) said in its conference call with analysts that it is gaining market share in the last three months, according to Nielsen (NielsenIQ) numbers

Earnings disappointment a catalyst for market correction: Analysts

The developments come at a time when the markets are already grappling with geopolitical developments in West Asia and the uncertainty surrounding the outcome of the US presidential polls

Consumer firms see demand uptick but await Diwali sales for full picture

In consumer durables, demand was somewhat affected by unseasonal rains during Dusshera, according to Nilesh Gupta, managing director of Vijay Sales

Gopal Snacks shares fall over 4% on weak margin, higher expenses

The drop in the share price came after the company's expenses jumped 13.1 per cent year-on-year (Y-o-Y) to Rs 3,649.9 crore in Q2FY25, from Rs 3,227.88 crore in Q2FY24

FMCG distributors red flag e-com, qcom firms' use of private vehicles

In August, AICPDF also wrote to the Ministry of Commerce and Industry regarding the rapid growth of the quick commerce industry, which it said is hurting the trade

Manish Tiwary to become Nestle India MD after Narayanan retires in 2025

FMCG major Nestle India on Monday announced a change of leadership with the appointment of Manish Tiwary as the Managing Director of the company after the incumbent, Suresh Narayanan, retires in July next year. Tiwary, who was the country manager of Amazon India, was appointed as the Managing Director of Nestle India effective from August 1, 2025, according to a regulatory filing. Narayanan will retire as Chairman & Managing Director of Nestle India on July 31, 2025 after serving 26 years, it added. The nominations have been received from the Swiss parent firm Nestle SA. However, "the proposal is subject to necessary approval," said Nestle India. Tiwary is a Director at Amazon Digital Services and More Consumer Brand. He will step down from his directorship on October 30, 2024, the statement said. Tiwary, an alumnus of IIM Bangalore has nearly three decades of experience in leading large-scale operations and strategic initiatives in e-commerce and consumer goods sector. He join

Indian shares hit record highs helped by gains in IT and consumer firms

The consumer goods index was up 0.4 per cent and was among the top gainers of the 13 major sub-indexes

Mrs. Bectors Food Specialities rallies 10%; stock surges 30% over QIP price

Mrs. Bectors Food on Tuesday, September 10, informed that the company has allotted 2.58 million equity shares to eligible qualified institutional buyers (QIBs) at a price of Rs 1,550 per share.

Festive season may not light up portfolios, but here's where you can invest

With festive season approaching, sectors like automobiles, FMCG, and electronics usually see a sales boost

Reliance to invest Rs 3,900 crore in FMCG arm to boost market position

Reliance plans to invest Rs 3,900 crore in its fast-moving consumer goods division, aiming to capture a larger share of the Indian FMCG sector, projected to exceed $1.4 trillion by 2027

FMCG major Emami to acquire remaining 49.6% stake in 'The Man Company'

Home-grown FMCG major Emami on Saturday announced the acquisition of the remaining 49.6 per cent stake in Helios Lifestyle, which owns male grooming brand The Man Company'. Helios Lifestyle is already a subsidiary of Emami with 50.4 per cent shareholding, according to a statement from Emami. "The completion of the acquisition of Helios by Emami will strengthen its presence in the fast-growing digital-first premium male grooming segment," it said. Emami had previously acquired 33.09 per cent equity stake in Helios in two tranches -- one in December 2017 and the other in February 2019. Later, it increased the stake to 50.4 per cent in 2022. The Man Company, a digital-first lifestyle brand, offers premium men's grooming products in categories including fragrances, skin care, hair care, body care and beard management. "The segment offers huge potential for innovation & growth. Emami is already an active player in the male grooming segment through its brand Fair and Handsome," the ...

FMCG distributors raise concern over unregulated growth of 'quick commerce'

FMCG distributors have raised concerns over the "rapid and unregulated growth" of quick commerce platforms, saying it needs immediate scrutiny. In a letter written to Commerce & Industry Minister Piyush Goyal, FMCG distributors' body AICPDF said this unchecked expansion of quick commerce platforms, which typically deliver goods within 10 to 30 minutes, is creating an "uneven playing field", threatening the livelihoods of millions of small retailers and distributors who have been the backbone of India's retail sector for decades. The All India Consumer Products Distributors Federation (AICPDF) also suspected potential violations of FDI regulations by these quick-commerce companies and sought an immediate investigation into the operational models of these platforms. The rapid growth of quick commerce platforms like Blinkit, Zepto and Instamart has posed significant challenges to the traditional retail sector and the established fast-moving consumer goods (FMCG) distribution ...

India only country to deliver double-digit sales growth of FMCG: Report

India is the only country in the Asia-Pacific region, where sales of FMCG and tech durable sectors from modern trade channels are consistently delivering double-digit growth, helped by premiumisation and festive period sales, data analytics firm NielsenIQ said in a report. India has a dominant position in the Asia Pacific region in modern trade sales, where the premium-plus pricing segment accounts for nearly 40 per cent of FMCG sales and 30 per cent of tech durables sales, according to the findings of the report. "India emerges as the only market consistently delivering double-digit growth in both the FMCG and tech & durables sectors, underscoring the resilience and evolving preferences of Indian consumers," said NielsenIQ report titled 'Full View of Modern Trade Retail Trends'. Though online channels continue to grow rapidly in India, modern trade channels remain a preferred channel, it added. Modern trade involves selling goods through large, organised stores like supermarkets,