Page 9 - Fmcg Companies

Godrej Consumer starts price war in liquid detergents with new product

Godrej fab launched at Rs 99/ litre in South India

Half a century on, Emami group to identify new sectors for growth

In the last 50 years, it has traversed the journey from a start-up cosmetics company with four products to more than 500 across a Rs 30,000 crore group with diverse business interests

How Varun and Ghazal Alagh's Mamaearth became profitable D2C empire

Celebrating seven years of success, the company eyes future growth with a diversified portfolio and strong offline presence

HUL's growth checkout: Navigating the low-volume aisle in Q3 FY24

Facing a 7% dip against a soaring Sensex, FMCG major's stock outlook raises caution, with investors eyeing volume recovery, pricing manoeuvres, and margin dynamics for cues

Not Britannia or Adani Wilmar: Which is the largest FMCG company in India?

ITC is now the largest FMCG company in India as it recorded food sales of Rs 17,100 crore during the first nine months of 2023-24

FMCG companies expand into adjacent categories that offer high growth

The brand is already established in people's mind and these companies already have distribution in place, Rajat Wahi, partner at Deloitte India explained

Swiggy appoints Anand Kripalu as independent director, chairperson of board

Kripalu holds a Bachelor of Technology in Electronics from IIT, Madras, and an MBA from IIM, Calcutta. He completed his Advanced Management Program at Wharton Business School

'Future-ready' HUL to split beauty and personal care biz on April 1

The beauty will transition into its beauty & wellbeing and personal care businesses and both divisions will have their own executive directors

Divergent trends in consumer spending: Auto shines, FMCG stumbles on demand

The share of the automobile sector, including makers of auto ancillaries, in corporate net sales rose to a 10-quarter high of 10.05 per cent during July-September 2023

FMCG major Nestle India on track to launch plant-based protein products

'I am not looking to launch whole chicken or fish, but products more relevant to the Indian market,' Suresh Narayanan said, while refusing to divulge more details

As pandemic impact wanes, regional players expand, challenge FMCG giants

The rusk market is one of the primary examples where local players give established companies a tough time. There are about 2,500 local players engaged in the rusk market

Dabur expects Badshah Masala to grow sales, takes it to overseas markets

Homegrown FMCG major Dabur is taking its spice brand Badshah to overseas markets, expecting the brand it acquired last year to contribute around 4 per cent to international sales this fiscal, its CEO Mohit Malhotra said. The company is eyeing the diaspora markets of the US, UK and the Middle East and is in the process of getting regulatory approvals and upscaling manufacturing. Also, in the domestic market, Dabur has plans to take Badshah Masala to North, East and South besides expanding further in western markets of Maharashtra and Gujarat. "The business (Badshah) is growing and this year it should contribute around 3-4 per cent of our overall international business. We expect a high double-digit growth from here," Malhotra told PTI. According to him, overseas markets present a "big business opportunity" for Badshah, specially in the UK and US where there is a significant presence of Indian diaspora which consumes Indian spices. "We feel Badshah has a lot of scope in the UK and .

Patanjali Foods Q2 results: 126% jump in net profit, revenue drops 8%

The Food and FMCG segment achieved a revenue of Rs 2,487.62 cr in the second quarter, registering a ­5.4 per cent increase from the year ago period

Dabur India looking for acquisitions with Rs 7,000 cr cash reserve: CEO

Homegrown FMCG maker Dabur India, armed with a cash reserve of Rs 7,000 crore, is scouting for acquisition opportunities in healthcare and home & personal care segments, according to its CEO Mohit Malhotra. Besides, Dabur is looking for acquisition opportunities in the online space, and with several D2C (Direct to Consumer) brands operating in it, it finds the valuation "more reasonable" now and will pursue it if it finds a suitable one for growth, he said. The company is scaling its presence in the online space, which includes e-commerce channels and D2C business, where it plans to introduce more innovations under existing brands and through inorganic opportunities. "We are introducing innovations there. Those innovations are coming on the back of existing brands and these innovations will come on the back of some new brands that we might launch or we are looking at an acquisition for a new brand," Malhotra told PTI. The company would pursue organic growth with new brand launches

Adani group said to be in talks to exit FMCG joint venture with Wilmar

This comes at a time when Adani Wilmar Ltd has been posting losses for two consecutive quarters

Adani Wilmar Q2FY24 result: FMCG major reports net loss of Rs 130 crore

Adani Wilmar last month said its profitability in the September quarter remained under stress due to lower edible oil prices

HUL to cut prices of soaps, detergents to keep local competition in check

Large FMCG companies have seen their sales cut by homegrown brands in India. This is especially true for soaps, detergents, hair oil, tea, and biscuits

We don't see rolling back of prices as an imminent issue: Nestle India

The company is also increasing its advertising and promotional spends, particularly digital spends

Rural recovery for FMCG cos takes a pause amid food inflation, uneven rains

The FMCG industry has witnessed a challenging September quarter amid subdued consumer demand and a decline in rural consumption due to persistent food inflation and uneven rains in some regions. The operating environment remained tough for the FMCG (Fast Moving Consumer Goods) industry as rural demand continues to be sluggish, and some green shoots, which were visible in the preceding June quarter, seem to have paused following adverse conditions. Leading FMCG makers like HUL, ITC and Nestle have expressed concerns over uneven rains, the impact of crop output and rising prices of some commodities -- such as wheat, maida, sugar, potato, coffee, etc -- in their September quarter earnings. "Consumption demand has been relatively subdued, especially in the value segment and rural markets on the back of sub-par monsoons and persistent Food inflation, which saw a sharp spike during the quarter," ITC said in an earning statement. Persistent inflation has impacted rural demand, which ...

Industrial & warehouse leasing demand picks up in Q3, stable at 17 mn sq ft

Chennai led the leasing activity in Q3, accounting for 30% share among India's top five cities