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
He further said that the company has to stay on its toes, adapt, and ensure it is investing in capabilities needed to win
FMCG major Colgate-Palmolive India Ltd on Tuesday reported a 2.22 per cent decline in its net profit to Rs 322.78 crore for the third quarter ended December 2024 on account of soft demand in the urban market and a high base of the previous year. It had posted a net profit of Rs 330.11 crore in the October-December quarter a year ago, according to a regulatory filing from the oral hygiene product maker Colgate-Palmolive India Ltd (CPIL). Its sales were up 4.74 per cent to Rs 1,452.21 crore during the quarter under review compared to Rs 1,386.41 crore in the corresponding period a year ago. "Gross margin & EBITDA margin show sequential improvement over the previous quarter, while down from last year's high base," said CPIL in its earning statement. Total expenses of CPIL in the December quarter were up 8.2 per cent to Rs 1,049.72 crore. CPIL's total income, including other income, was Rs 1,482.24 crore, up 4.86 per cent in the December quarter. Commenting on the results, MD & ...
The development comes after the Food Safety and Standards Authority of India (FSSAI) issued an order to the company to recall an entire batch of the product
FMCG giants like ITC, Nestle, Amul, and Dabur are expanding their e-commerce platforms across cities, offering up to 30 per cent discounts, aiming to boost customer base and direct sales
Among business segments, Home Care remains the best performer with Beauty & Wellbeing (B&W) segment the weakest
Reliance Consumer Products is acquiring SIL's brands from Food Service India to strengthen its presence and directly compete with industry giants like HUL and Cremica
Quick commerce has become the fastest-growing sales channel for FMCG companies, prompting them to adopt new packaging strategies to protect traditional retail channels
FMCG distributors and retailers will launch a nationwide campaign from January 20 to March 31 in over 500 districts and 700 talukas