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
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
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
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
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
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
Industry net sales have grown in double digits in just three of past 24 quarters
According to experts, half of urban sales or 30 per cent of total sales comes from the urban poor, especially for food firms.
Companies, analysts feel, will be able to pass on the sharp rise in raw material (oil) prices over time
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
Reports a 41 per cent year-on-year jump in net profit to Rs 2,143 crore
Sales of key health and hygiene products skyrocketed during the January-March quarter
Overall volume growth, the performance of the nutrition business and the movement in advertisement and promotion spend along with other expense are among key trackable for the quarter under review
Analysts forecast a high, single-digit growth in sales volume along with up to 25 per cent YoY growth in net profit for the FMCG giant
The benchmarks were propped up by bargain-hunting in select frontline counters as well as supportive global cues, traders said.
Commodity inflation remains area of concern, say firms
In an update last month, Nielsen said the January-March 2021 period also looked strong.
The company's new-found enthusiasm for the hinterlands is founded on its appetite for growth
Company's FMCG business to increase from 25 per cent of revenues in FY20 to 30 per cent in FY23, say analysts
Companies are also looking for change in product mix and cost saving measures