Page 4 - Fmcg Companies

FMCG stocks gain as RBI cuts FY26 inflation est; GCPL, HUL rise up to 2%

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.

CCI seeks evidence in complaint against quick-commerce companies

The AICPDF had filed a complaint with CCI on behalf of its President, Dhairyashil Patil against Blinkit, Zepto and Instamart last month

BL Agro launches Rs 1,000 crore dairy breeding project in Bareilly

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

RCP opens bottling plant in Guwahati to boost beverage portfolio in NE

Reliance Consumer Products has developed the unit in collaboration with local partner Jericho

Consumer companies upbeat as Budget tax relief boosts middle-class spending

This comes at a time when urban consumption is under pressure, as reflected in fast-moving consumer goods (FMCG) companies' October-December quarter results

Tata Consumer share up 5% despite muted Q3; tea inflation worries analysts

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

Maha Kumbh: From insurance to FMCG firms, businesses tap into spiritual mkt

Banks, insurance firms, FMCG majors set up booths; hotel rates, airfares hit the roof

Bubbling with potential: John Murphy's plan to scale Coca-Cola in India

He further said that the company has to stay on its toes, adapt, and ensure it is investing in capabilities needed to win

Colgate-Palmolive India Q3 results: Net profit down 2.2% to Rs 322.8 cr

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 & ...

Patanjali recalls 4 tonnes of red chilli powder over regulatory compliance

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

E-commerce just got bigger: FMCG brands like ITC, Amul, Nestle lead the way

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

Demand woes likely to keep a lid on Hindustan Unilever stock in near term

Among business segments, Home Care remains the best performer with Beauty & Wellbeing (B&W) segment the weakest

Reliance Consumer acquires SIL, gears up to challenge HUL, Tata in FMCG

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

FMCG brands adopt new packaging strategy for q-commerce and kirana stores

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 rally to defend turf against qcom, ecom competitors

FMCG distributors and retailers will launch a nationwide campaign from January 20 to March 31 in over 500 districts and 700 talukas

Q3 results preview: Weak urban demand likely to weigh on FMCG volumes

Persistent weak urban demand could impact firms' performance in Q3FY25

FMCG makers expect inflation to hit volume growth, operating profit in Q3

Hit by inflation, higher input costs and pricing measures, fast-moving consumer goods companies are expected to see a contraction in their gross margin and a modest-to-flat operating profit in the October-December quarter. Several FMCG makers are likely to log a low single-digit rise in their revenue, returning to the cycle of value-driven growth. One of the reasons could be that a number of companies have opted for a price hike in the December quarter due to rising costs of input items such as copra, vegetable oil, and palm oil. The price hikes came at a time when the urban market was dragged down by lowered consumption due to high food inflation. However, the rural market, which is slightly above one-third of the total FMCG market, stayed ahead of it. Some of the listed FMCG companies, such as Dabur and Marico, shared their updates for the third quarter of FY25, and analysts expect either flat or low single-digit volume growth. Home-grown firm Dabur expects a "low single-digit .

Dabur expects muted revenue growth in Q3; Marico upbeat on top line growth

The maker of Hajmola candy and Real fruit juice said rural consumption continued to be resilient and grow faster than urban in the third quarter

FMCG major Marico likely to outperform peers in H2FY25 on brands' growth

Nuvama Research is bullish on the company and expects growth to improve to double digits in H2FY25 as compared to 8 per cent growth in Q2

India's consumption conundrum: How not to talk about it in the year 2025

Conflicting data, fragmented markets, and outdated metrics: Here's why reframing the narrative on India's consumption is essential to address the diverse realities of 2025