Page 21 - Fmcg Companies

Britannia Industries jumps 10% ahead of board meet for interim dividend

Analysts at HDFC Securities say that the impact from Covid-19 on the FMCG sector will be sharper on revenues for companies in March quarter

Capacity utilisation of FMCG firms at less than half over weak consumption

Capacity utilisation, they said, varied between 20 and 40 per cent at their units, hardly good news for a sector that was looking to recover from a general consumption slowdown

ITC evaluating inorganic expansion, aims to boost non-cigarette verticals

Firm's acquisition of Kolkata-based Sunrise Foods is a step forward in its bid to strengthen spice business

Capacity utilisation across FMCG plants may rise as truckers return

Centre allowed transportation of both essential and non-essential items

Fewer hits than misses in FMCG as demand and supply concerns weigh

While hygiene and home care segment, rural-focused players could see better demand, a large portion coming from non-essential products means topline will be impacted

Nestle India's resurrection from Maggi debacle is virtually unparalleled

During the year, Nestle India strengthened its distribution base, sales capabilities and execution skills to secure the leadership position in most categories

Startups, new-age tech firms flock to mid-rung B-schools for recruitment

Traditional manufacturing firms stay away, mainly because of the ongoing slowdown

Slowdown blues: In a slow-moving FMCG market, product prices are inching up

Already, the fast-moving consumer goods (FMCG) market has been grappling with its slowest growth in six quarters for the October-December 2019 period, touching 6.6 per cent only

Hindustan Coca-Cola appoints Melvin Tan as new chief financial officer

Announcing the appointment, Ruggiero said, Tan brings in the best practices of the global Coca-Cola system, along with his strong background in accounting and financial management.

Dr Oetker beats slowdown, logs 24% growth in 'strongest year' in India

FMCG company's peanut butter and mayonnaise brands help it grow in slowing sector.

Year in Review: Rural India hurt FMCG; smartphones rode on e-commerce

FMCG suffered on two counts -- poor consumer sentiment brought on by macroeconomic headwinds and the continuing liquidity crisis arising out of faltering NBFCs

FMCGs turning attention on premium, small packs as spending curbs grow

Companies also ensuring visibility on digital and TV

Attractive ITC stocks fail to cheer investors due to GST concerns

Expectations of additional tax burden in GST Council meet, competitive intensity may impact volume growth and margin of its mainstay cigarette biz

Pare expectations from FMCG stocks amid economic slowdown: Analysts

Consumer index underperformed the broader indices in November as investors looked at alternatives

Amid strong investor support, outlook bright for pricey paint stocks

Supportive macros and pricing power to help paint companies clock volume-led profitable growth, but buying on dips is advisable

Patanjali's Apr-Sep revenue at Rs 3,562 cr, highest for a half-year period

The company had reported a revenue of Rs 937 crore and Rs 1,576 crore in June quarter and September quarter of 2018-19, respectively.

Amid one-off investment value impairment, Dabur Q2 net up 7% at Rs 404 cr

The net profit was impacted by one-time impairment in value of investments to the tune of Rs 40 crore

Supermarkets outpace traditional trade amid the slowdown: Nielsen data

Rate of growth nearly double that of traditional trade in July-Sept: Nielsen data

FMCG slowdown gets worse in Q2 as consumer sentiment remains tepid

Sector analysts admit the going will be tough for companies in Q2, an admission that some firms have already made in their recent quarterly updates

FMCG stares at worst slump in revenue growth in 15 years: Report

According to the report, the slowdown had been brewing since 2016 but was intensified further by several disruptions in the past two years including demonetisation