Page 16 - Fmcg Companies

Marico Ltd plans to achieve net-zero emissions in global operations by 2040

The company will introduce multiple sustainability initiatives across its global operations with a view of curbing greenhouse gas (GHG) emissions and promoting a carbon-neutral business agenda

HUL Q3: Revenue may rise up to 12% YoY; margins to contract, analysts say

Analysts expect nearly 200 basis points year-on-year fall in HUL's gross margins for the December quarter due to high commodity prices.

FMCG firms take bigger bite out of smaller pack sizes amid Covid third wave

Consumer goods firms optimise pack sizes, expecting surge in at-home consumption

Beauty takes natural turn, demand for ayurveda products soars in India

A 2018 report by Research and Markets, which pegged the ayurveda market in India at Rs 300 billion, expects it to touch Rs 710.87 billion by 2024

Maharashtra distributors to stop supply of HUL products from Jan 1

By mid January, distributors have decided to stop supplying Rin products, which include detergent soap and powder

FMCG distributors may extend non-cooperation deadline as talks in progress

Distributors of fast-moving consumer goods (FMCG), ranging from biscuits to shampoos, are likely to delay the January 1 deadline they set to stop working with the consumer goods companies as talks over their demand for similar margins as given to organised distribution platforms continue, officials said. The All India Consumer Products Distributors Federation (AICPDF), a body that represents dealers and distributors, is in negotiation with several FMCG makers and this may stretch to next year, said an official. Earlier, AICPDF had put a deadline of January 1, 2022, to address the price disparity and had threatened to drop products from their portfolio. The federation had decided to call for a "non-cooperation" movement against FMCG companies from next year if B2B retailers, such as Jiomart, Walmart, Metro Cash & Carry, Booker, ElasticRun and udaan, continue to sell the products at lesser prices. According to an AICPDF official, talks with several companies are going on and in ...

From biscuits to shampoos, prices of FMCG goods to rise again in January

Firms say hike needed to cover high input costs

FMCG companies prepared to tackle logistics issues amid Covid surge

ITC has been taking stock of operations and monitoring market developments

Distributors write to FMCG companies for the second time on price parity

According to a distributor, Marico has proposed to sell different packs in the traditional trade and organised B2B trade channels

FMCG distributors warn firms of 'non-co-operation', seek price parity

A financial credit note is issued by companies on schemes offered to retailers and is facilitated by distributors

Urban FMCG sales down 6.3%, rural sales increase 17.9% in November

Overall FMCG sales in November increased by 10.2 per cent year-on-year

ITC, HUL, Britannia: Good time to buy FMCG stocks? Analysts weigh in

In the FMCG basket, Britannia, Colgate Palmolive, HUL are on the shopping list of A K Prabhakar, head of research at IDBI Capital

Blow to consumers as India's leading FMCG companies hike prices again

Leading biscuit maker Parle Products has also increased prices by 5 per cent to 10 per cent across its product portfolio in this quarter

ITC Q2 preview: Analysts see 13% YoY revenue jump; high costs may hit PAT

On the bourses, the stock of the cigarette-to-hotels conglomerate rallied 16 per cent on the BSE during the quarter under review, as against around 13 per cent gain in the benchmark S&P BSE Sensex

FMCG growth in rural area moderates, urban market picking up; says HUL CMD

Faced with "unprecedented" inflation in certain commodities like palm oil, crude based derivatives and tea, and ocean freight, HUL has hiked prices in the past three quarters

Marico rallies 6%, hits record high on healthy Sept quarter business update

The company reported robust revenue growth in the low twenties with strong double digit volume growth for the September quarter

FMCG firm Procter & Gamble Q4 net profit down 29% to Rs 49 crore

FMCG firm Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported a 29.2 per cent decline in its net profit at Rs 48.98 crore for the quarter ended June 2021. The company, which follows the July-June financial year, had posted a net profit of Rs 69.21 crore in the corresponding period of the previous fiscal, it said in a regulatory filing. However, revenue from operations rose 23.96 per cent to Rs 786.59 crore as against Rs 634.53 crore in the April-June period last year. Revenue from operations for the full fiscal stood at Rs 3,574.14 crore. Shares of the company on Wednesday settled at Rs 13,112.75 on BSE, up 0.65 per cent from the previous close.

Harsh realities: When Mariwala defied HUL's Marico takeover bid

In first Instagram appearance, business tycoon opens up about his journey spanning six decades

Silver lining for FMCG companies as sector posts robust 37% growth in Q1

Hopes of demand recovery and plateauing of input costs coupled with stock underperformance are triggers

FMCG market in India expands 37% in April-June quarter: Nielsen

Data shows, the modern trade channel recovered to 83 per cent of the pre-Covid levels in June