Page 20 - Fmcg Companies

Not all consumers curtail spending on discretionary items, says HUL CMD

Chairman and Managing Director Sanjiv Mehta says the April-June period has been largely about restoring operations.

ITC and Nestle can't claim monopoly over noodle brands: Madras HC

The order was issued in a dispute filed by ITC alleging that Nestle India has used the expression 'Magical Masala' for its instant noodles brand Maggi in 2013.

Near-term outlook for FMCG sector 'extremely uncertain', says HUL

Hindustan Unilever Ltd is confident about medium to long-term growth prospects of the sector

Britannia: Overall business outlook expected to be robust going ahead

Stock hits all-time high on growth uptick in April, May

Capacity utilisation stands at 90% of pre-Covid levels: Hindustan Unilever

All its factories and warehouses are open, barring the one in Assam.

Britannia Industries profit before tax rises 1.6% to Rs 457 crore

The FMCG major said that after the initial hiccups, the firm coped up well and witnessed 20 per cent rise in revenues in April, and 28 per cent in May

PE players, FMCG companies betting on branded spices, condiments market

Most of the top spices and condiments companies in India, whether regional or national, have a range of masala mixes in their portfolio

Godrej Consumer will have to deliver on volumes for valuations to sustain

Firm sees momentum in key segments continuing this year

Lockdown-hit corn starch makers find silver lining in downstream pharma

Although pharma accounts for 10-15% of corn starch supplies, manufacturers are looking to partly make up for loss in production, as offtake has received some support from the crash in input corn price

FMCG capacity utilisation surges to 70-75% as lockdown curbs ease

The only exception here is Hindustan Unilever (HUL), the country's largest FMCG company, which is opearting at 80 per cent capacity utilisation.

Why ITC's Sunrise Foods deal is positive but unlikely to push up valuation

While the deal offers distribution and sourcing synergies, pressure on dominant cigarette business remains

India's FMCG market contracts 34% in April amid Covid-19 outbreak

Traditional trade sees bigger drop, says Nielsen

Small and local brands grow big in FMCG market amid coronavirus lockdown

Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown

Nestle India's business loss could be more than 30%, says MD Narayanan

Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD

Fiscal stimulus 2.0: Consumption boost for agri, auto and FMCG companies

Rising farm income to aid firms having a bigger share of revenues from the rural sector

Covid-19 impact: Restrictions on movement still a pain point for FMCG firms

According to the Federation of West Bengal Truck Operators' Association (FWBTOA), truck availability has only improved marginally around 10 per cent of a total 9 million trucks in India.

Despite easing of lockdown, logistics remains a paint point for FMCG firms

While several factories are in green zones, the route a transporter has to take to bring the goods to the market is dotted with red zones

HUL to announce Q4FY20 results on Thursday; here's what brokerages expect

Companies with higher exposure to food and daily essentials, analysts say, are expected to fare better this quarter as compared to those with a skew towards discretionary consumption

PepsiCo India's third food manufacturing plant gets nod to re-start work

Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources

71% drop in FMCG demand due to Covid-19, zero orders in 95% outlets: Study

The Bizom report has captured insights by analysing data from 30% of the retail space across 400 districts and 2,000 towns and cities; it covers a population of 800 million