Fast-moving consumer goods (FMCG) makers are expecting their topline growth to be impacted in the June quarter due to headwinds like unseasonal rains, a brief summer span and inflation pressure on key inputs. However, the FMCG industry witnessed a sequential recovery in demand during the quarter, with an uptick in volume growth, particularly in urban markets. Margins of FMCG majors such as Marico, Dabur, and Godrej Consumer remained below the normative level, and they expect a low-single-digit volume growth in the April-June period. Godrej Consumer Products expects its margin from the India business to stay below the 'normative range' in the June quarter, but is likely to deliver high-single-digit value growth aided by volume expansion. The company's volume growth, in its standalone business, has been strongly competitive and is sequentially improving, said the Godrej Industries Group FMCG arm in its quarterly updates. "Standalone EBITDA margin in Q1FY26 is likely to be below our
Dabur, Marico and Godrej Consumer see improved trends; AWL flags muted demand
Consumer spend on ITC's FMCG brands grew 4.6 per cent to over Rs 34,000 crore in FY25, with rural demand holding up despite muted growth across the broader sector
Shares of Godfrey Philips India hit a new high of ₹9,452.70, surging 10 per cent on the BSE in Friday's intra-day trade amid heavy volumes
The Dharampal Satyapal (DS) group, which distributes the brand through 35 lakh distributors, now plans to expand the brand into new formats to increase the brand's penetration
Improving economic indicators yet to impact consumption, says market researcher
ITC shares dropped 4.13 per cent to ₹413 (adjusted for dividend) in Wednesday's intraday trade on the NSE following a large block deal.
Early monsoon could be beneficial to agri-related and/or staple-focussed FMCG companies, while it may hurt those FMCG players that are more skewed towards summer portfolios.
Emami posts ₹162.17 crore profit in Q4FY25 and ₹806.46 crore in FY25, with strong domestic growth, resilient international markets, and higher e-commerce contribution
Marico share price today: Marico's stock was quoting at ₹721.70, up 3.43 per cent on the National Stock Exchange
Group to spend Rs 1000 crore in hospitality, to set up 10-12 luxury hotels in 3-4 years
HUL Q4 results preview: The company's revenue, on average, for the fourth quarter ended March 31, 2024, is anticipated at ₹14,966.97 crore as compared to ₹14,693 crore a year ago
FMCG firms are expected to register a 5 per cent rise in revenue with almost flat margin growth in the fourth quarter of fiscal 2024-25, according to a report from banking firm BNP Paribas India. The report also lowered the earnings estimates for FY26 for the companies under its coverage, except for Godrej Consumer Products and Emami. However, it sees a "favourable base" in FY26 for the FMCG sector, helped by some near-term positives like the drop in crude price and positive trends for rural growth. "We expect our FMCG coverage revenue growth to inch up slightly from 4 per cent in 3QFY25 to 5 per cent in 4QFY25, led by Marico, which should see strong revenue growth helped by commodity inflation, and recovery in growth for GCPL, led by its home care division," BNP Paribas said in its India Consumer Report April 2025. The inflationary pressure on most commodities continues to be high in Q4, hurting the margins of the companies, though prices for palm oil and tea have eased quarter o
The RBI MPC, on Wednesday, unanimously decided to cut the repo rate by 25 basis points, bringing it down to 6 per cent, from 6.25 per cent earlier.
The AICPDF had filed a complaint with CCI on behalf of its President, Dhairyashil Patil against Blinkit, Zepto and Instamart last month
Leading FMCG company BL Agro on Saturday inaugurated a high-tech cattle breeding and dairy centre in Bareilly at an initial investment of Rs 1,000 crore with an aim to transform local agriculture. The state-of-the-art Centre of Excellence for Cow Breeding and Dairy Technology, a part of the subsidiary firm BL Khamdhenu, was inaugurated by Union Food Processing Industries Minister Chirag Paswan, the company said in a statement. The project, "Satat Kamdhenu", with a focus on circular practices in dairy sector was unveiled on the occasion. The "BL Kamdhenu Farms" will initially house 5,000 indigenous cows, eventually doubling to 10,000, as part of the company's Satat Kamdhenu initiative. "The initial investment in the project is around Rs 1,000 crore and the whole project once it is up to full capacity will cost Rs 3,000 crore," BL Agro Managing Director Ashish Khandelwal said. The key focus has been to create a sustainable and a circular economy that minimises agri-waste and boosts
Reliance Consumer Products has developed the unit in collaboration with local partner Jericho
This comes at a time when urban consumption is under pressure, as reflected in fast-moving consumer goods (FMCG) companies' October-December quarter results
Analysts observed that Tata Consumer Products faced margin pressures primarily due to inflationary tea prices but continued to post robust volume growth across its beverage and food segments
Banks, insurance firms, FMCG majors set up booths; hotel rates, airfares hit the roof