Page 2 - Fmcg Sales

Top FMCG makers expect low to mid-single-digit volume growth in Q3

Leading FMCG makers are expecting a low to mid-single-digit volume growth in the October-December quarter, with an improvement in consumer demand on a sequential basis. Consumer demand from the rural market is lagging, though the urban markets stayed steady in the third quarter as exhibited in the September quarter, said leading listed FMCG firms such as Dabur, Marico and Godrej Consumer Products in their quarterly updates. Companies are optimistic of a gradual uptick as early signs of revival in consumption are visible with improving trends in volumes. Besides, the makers also expect expansion in the gross margins on a year-on-year basis helped by moderating inflation as prices of key inputs such as copra and edible oil prices remained at lower levels and crude derivatives also exhibited some downward bias. This will help FMCG makers channelise more funds towards advertising and promotions. "A significant portion of gross margin expansion will be channelled into enhancing adverti

Some green shoots, but rural a stressor for FMCG companies: Top honchos

Top honchos say urban demand continues to grow

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

FMCG sales pick up on festival boost in October, shows Bizom data

Excluding branded commodities, sales up 7% in Oct: Bizom data

DS Group to invest Rs 500 cr, add 3 hotels to its portfolio in 3 years

The Dharmpal Satyapal (DS) Group, a multi-business and FMCG corporation, is planning to add three new properties with a capex of Rs 500 crore in next 3 years, a top company executive has said. "Currently, we have six hotels with around 930 keys operating under global hospitality brands including Radisson, IHG and Marriott. We are planning to add another three hotels to our portfolio with a capex of Rs 500 crore in the next three years," DS Group vice chairman Rajiv Kumar told PTI over phone. DS Group, which has been in the hospitality business since 2000, has six properties, including The Manu Maharani, a member of Radisson individual, in Nainital (Uttarakhand), Namah, a Radisson individual, Jim Corbett National Park (Uttarakhand), Radisson Blu Hotel Guwahati in Assam, Crowne Plaza Jaipur in Rajasthan, Holiday Inn Express Kolkata Airport in West Bengal, and Marriott managed Renaissance, Bengaluru, in Karnataka. Going forward, Kumar said, the company is looking for opportunities in t

Dabur soars 7%, nears 52-week high as Q1 results boasts of rural recovery

According to the management, with a little negative impact from beverage portfolio, mid-single volume growth should be possible in the near term in the India business

Revenue growth for FMCG companies to tamp down in April-June quarter

Some companies are yet to see pick-up in rural demand

No urban-rural divide in FMCG sales slump in Q1, shows Bizom data

Overall sales decline 4.6% YoY in June quarter; unseasonal rain plays spoilsport

FMCGs demand remains stable in Q1FY24, Marico calls out rural stress

Marico says rural demand remained elusive in April-June

Unseasonal rain curtails FMCG demand in May; rural segment grows 2.2%

Beverage sales were down 29.4% YoY in May; March-June accounts for over half of the annual demand

Margins remain a pain point for organised FMCG supply-chain companies

Experts say gross margins are low, with the last-mile supply chain and retailer not making money

FMCG sales slow on lower stocking; home care only category to report growth

Home care was the only category which saw growth on a year-on year basis in April at 11.2% however it was down sequentially at 20.9%

Top headlines: Likely profitable Q4 for India Inc, rural FMCG sales up

Business Standard brings you the top headlines at this hour

FMCG sales: Rural India pulls ahead in Q4FY23, shows Bizom data

Q4 kirana stockpile across products powers FY23 sales growth

Nestle to Tata, big FMCG firms race to acquire maker of Ching's Secret

Last year, Capital Food's three main shareholders decided to put their stake up for sale, it is expected to fetch them $1-1.25 billion

Too early to bet on rural recovery; stay selective on FMCG stocks: Analysts

In their quarterly update, Godrej Consumer Products, Dabur, and Marico witnessed sluggish growth in the December quarter (Q3) driven by poor rural consumption and a slowdown after the festival season

FMCG Q3 sales: Rural market continues to drag; urban maintains steady pace

The Indian FMCG sector witnessed improvement in margins and slow growth in the December 2022 quarter but the rural markets continued to drag as retail inflation stayed at elevated levels, according to industry players. Godrej Consumer Products Ltd (GCPL) and Marico reported that although there is softness in demand, there has been an improvement partly due to the lingering effects of festive sales, while urban and premium categories maintained a steady pace during the October-December period. Godrej Consumer Products witnessed a "demand softness" in the domestic market and a slowdown post the festive season. "During the quarter, the Indian FMCG sector witnessed slow growth driven by poor rural consumption and a slowdown post the festive season," said the Godrej Group FMCG arm in its quarterly updates for Q3 FY23. Despite this, GCPL expects "double-digit sales growth backed by low single-digit volume growth". "The quality of our profits should see meaningful improvement, led by Gro

FMCG companies see some respite in rural demand in last two weeks

While it is too early to say that rural demand has revived but this is the first time demand for consumer goods have witnessed green shoots

Rural demand for FMCG dips 17% in Nov as post-festive consumption slows

Urban demand also hit, but not as badly; Overall FMCG sales decline 15.3% MoM and 2.7% YoY

Network connectivity remains big challenge as e-commerce, FMCG go digital

Experts say AR/VR tech has yet to mature; also, immersive experiences with 360° video applications require a lot of data