Page 16 - Fmcg Companies

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

Indian FMCG industry clocks 37% value-based growth in Apr-Jun qtr: Report

Indian FMCG industry recorded a 36.9 per cent value-based growth in April-June 2021, the quarter hit by the second wave of the pandemic, over the corresponding period a year ago, Nielsen has said

Unilever is said to kick off sale of large part of $5.6-bn tea business

The UK-listed consumer group has reached out to potential suitors and is expecting first-round bids in September, the people said, asking not to be identified discussing confidential information

Back to old normal: FMCG leaders beat FY21 blues, exceed pre-Covid levels

In the second instalment of a four-part series on how some of the defining numbers in key sectors are springing back to the pre-pandemic level, Arnab Dutta looks at India's top FMCG players

Dabur's non-executive chairman Amit Burman hospitalised in London

Homegrown FMCG major Dabur India on Monday said its Non-Executive Chairman Amit Burman has undergone a successful surgery in London for treating a case of aneurysm. Burman (52) is recuperating, Dabur India said in a regulatory filing, adding the surgery was successful and his health is improving. "Doctors are constantly monitoring his condition and have advised him to take rest," it added. Aneurysm is a bulge in a blood vessel caused by a weakness in the wall of the blood vessel. Burman, who started his career at Dabur's Industrial Engineering Department taking charge for induction of machinery, method improvements, manpower reduction and improving product packaging, is responsible for the company's foray into processed foods business with the setting up of Dabur Foods Ltd. He became the CEO of Dabur Foods in 1999 and led the company's foray into processed foods business with a range of ethnic cooking pastes and chutneys and packaged fruit juices. In July 2007, he stepped down as

Not very concerned about third wave impact on biz: Dabur India CEO

Share of our healthcare portfolio went up to 45 per cent from 30 per cent and essentials like oral care did well, while share of skin-care, hair oils, and foods shrank, says CEO

From households to FMCG companies, commodity inflation bites hard

The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers

Nifty FMCG index up nearly 3% over the past month, but future hazy

Industry net sales have grown in double digits in just three of past 24 quarters

Urban poor remain a worry for FMCG companies; unlock brings hope

According to experts, half of urban sal­es or 30 per cent of total sales comes fr­om the urban poor, especially for food firms.

Despite near-term headwinds, analysts bullish on FMCG stocks

Companies, analysts feel, will be able to pass on the sharp rise in raw material (oil) prices over time

Dabur's consolidated net profit rises 34% to Rs 377 crore in March quarter

Homegrown FMCG major Dabur India Ltd on Friday reported an increase of 33.98 per cent in consolidated net profit at Rs 377.29 crore for the fourth quarter ended March 2021

HUL beats estimates on revenue, profit growth in January-March quarter

Reports a 41 per cent year-on-year jump in net profit to Rs 2,143 crore

Covid-19 second wave: Reckitt Benckiser's biz delivers robust sales growth

Sales of key health and hygiene products skyrocketed during the January-March quarter