Page 14 - Fmcg Companies

Hindustan Unilever cuts prices of soaps, detergents after 2 years of hikes

Growth in volumes in the recent past was affected due to a significant surge in product prices

Top Headlines: TCS on moonlighting, licensing of digital apps, and more

TCS said moonlighting is an "ethical issue" and against its core values but has not taken any action against any staff

FMCG companies may see price hike-led revenue growth In July-September

Volumes to remain under pressure due to grammage reductions

Cash is king! Investing strategies to ride out choppy markets

They turn cautious and prefer defensive bets

HUL's market capitalisation hits 67% of its parent company Unilever

Indian FMCG giant's m-cap is touched $77 billion as compared to $115 billion of Unilever that holds 62 per cent in HUL

Godrej Consumer slips 7% post September quarter business update

The company expects their EBITDA to decline in mid-teens in the September quarter of FY23, due to consumption of high-cost inventory, high marketing spends and weak Indonesia performance

Weak rural demand drags down FMCG sales in September, shows data

Bizom pointed out that rural sales were impacted in September due to excessive rainfall in some areas and weak rainfall in some other regions, thereby affecting agri yields and household incomes

Patanjali Foods plans to build export portfolio of FMCG, health products

Firm to focus on new launches with high margins and high growth

Consumer companies expect strong sales revival this festival season

There are expectations of a good kharif crop as well

Positive triggers factored into Hindustan Unilever's stock price

Falling raw material prices expected to help margins recover in Q3

TMS Ep261: BYJU's revenue, D2C brands, consumer financiers, Project Cheetah

Did BYJU's bite off more than it can chew? What explains the great Indian brand rush? Is it the right time to invest in consumer financiers? What is Project Cheetah? Answers here

What explains the great Indian brand rush?

Several new-age startups in the D2C space in India are increasingly being gobbled up by bigger FMCG companies. A rush for brand acquisitions is on. Watch our next report to know more

Reliance Retail to seek doubling of borrowing limit to Rs 1 trillion

According to the Reliance Retail's annual reports, the company will seek shareholders' approval in the September 30 annual general meeting

Emami aims to stay 'deeply invested' in Ayurveda, achieve competitiveness

FMCG firm Emami aims to achieve higher levels of competitiveness in the present volatile economic environment and intends to "stay deeply invested" in its core area of Ayurveda, its Chairman R S Goenka said on Friday. The Kolkata-headquartered company will emphasise on packaging innovations especially for LUPs (low unit packs) and bridge packs to drive up consumption amongst lower-end consumers amidst increasing inflation, Goenka said at the company's annual general meeting. While focus on analytics and technology in sales and distribution will be further strengthened to drive the business ahead, Goenka said. "Talking about our future roadmap, your company aims to achieve higher levels of competitiveness in a volatile economic environment," he said. Emami, which owns Zandu Ayurveda and has a portfolio of over 300 products based on Ayurvedic formulations across its brands, believes "Ayurveda will continue to be more relevant," he said. Citing a report from market research firm IMAR

Normal monsoon drives August FMCG sales up nearly 7% in rural areas: Bizom

In comparison, urban sales were up 5.5% month-on-month

After Patanjali, Reliance Retail could be the next big disruptor in FMCG

Other FMCG companies will have to increase their advertising spends in segments Reliance makes a meaningful acquisition in order to stay competitive.

Reliance Retail enters general trade with its own FMCG grocery brands

In the non-foods space, it has entered the personal care and home care business

Muted volumes remain a concern for FMCG companies amid rising inflation

HUL reported volume growth of 6 per cent YoY in the June quarter

Marico Q1 net profit rises 3% to Rs 377 cr; revenue up 1.3% to Rs 2,558 cr

The company had posted a net profit of Rs 365 crore in the April-June period a year ago, Marico said in a BSE filing.

Godrej Consumer Q1 net profit down 17% at Rs 345 cr; revenue up 8%

FMCG major Godrej Consumer Products Ltd (GCPL) on Wednesday reported a 16.56 per cent decline in its consolidated net profit at Rs 345.12 crore for the first quarter ended June 30, 2022, on account of commodity inflation and upfront marketing investments. It had posted a net profit of Rs 413.66 crore in the April-June quarter a year ago, GCPL said in a regulatory filing. The revenue from the sale of products of the Godrej group's FMCG arm was up 8.08 per cent at Rs 3,094.31 crore during the quarter under review, as against Rs 2,862.83 crore in the corresponding period last fiscal. GCPL's total expenses were at Rs 2,696.29 crore in Q1/FY 2022-23, up 13.64 per cent from Rs 2,372.65 crore in the corresponding quarter a year ago. "Our overall EBITDA declined by 13 per cent driven by unprecedented global commodity inflation, upfront marketing investments and a weak performance in our Indonesia and Latin America & SAARC businesses," GCPL Managing Director and CEO Sudhir Sitapati ...