Page 16 - Fmcg Sector

Covid-19 crisis: HUL hints at margin pressures, higher operating costs

"Distribution costs have significantly increased and there will be short-term pressure on margins," Sanjiv Mehta, chairman and managing director said.

Amazon expands its pantry service to more than 300 cities in India

In the last few months, Amazon has added hundreds of towns like Bharatpur, Bilaspur and Mirzapur to help customers order groceries online and get safe doorstep delivery.

FMCG firms bring jobs to small towns as markets show signs of revival

In contrast, auto companies and their dealers have not been that bullish with hiring, despite tractor sales increasing in May

Not all consumers curtail spending on discretionary items, says HUL CMD

Chairman and Managing Director Sanjiv Mehta says the April-June period has been largely about restoring operations.

Markets retesting March 2020 low is within the realms of possibility

As markets realise that it will take a long time for the economy to revive and things coming back to normal, they will drift lower.

Capacity utilisation stands at 90% of pre-Covid levels: Hindustan Unilever

All its factories and warehouses are open, barring the one in Assam.

Britannia Industries profit before tax rises 1.6% to Rs 457 crore

The FMCG major said that after the initial hiccups, the firm coped up well and witnessed 20 per cent rise in revenues in April, and 28 per cent in May

Critical minerals for critical times

National security requires that we review supply chains for critical-mineral industries to deal with obstacles to international trade

Dabur posts weak show in March quarter; investors eye rural success

Revenues fell 12.3% and pre-tax profit dropped 22.5% in March quarter

FMCG capacity utilisation surges to 70-75% as lockdown curbs ease

The only exception here is Hindustan Unilever (HUL), the country's largest FMCG company, which is opearting at 80 per cent capacity utilisation.

Many manufacturing companies weighed labour cost cuts even before lockdown

Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar

Lockdown 4.0: Rural markets to sharpen focus on value items in FMCG sector

The lockdown is expected to sharpen the urban-rural divide in demand pattern of FMCG products

India's FMCG market contracts 34% in April amid Covid-19 outbreak

Traditional trade sees bigger drop, says Nielsen

'Polarised' and 'sell on rally' may define markets' character, say experts

With GDP growth seen shrinking, funds likely to chase stocks with high growth forecast

Small and local brands grow big in FMCG market amid coronavirus lockdown

Companies say low-unit packs as well as lesser-known brands seeing greater traction during lockdown

Different Centre-state rules slow India Inc's bid to restart business

The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.

Nestle India's business loss could be more than 30%, says MD Narayanan

Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD

Nestle India PBT flat at Rs 704 cr for March quarter, revenue up 10.7%

The company follows a January-December accounting year. Revenue for the March quarter stood at Rs 3,325 crore, growth of 10.7 per cent from a year ago.

Covid-19 impact on sectors: Consumption story hits the slow lane

The Rs 20-trillion stimulus package announced by the prime minister on Tuesday evening should help improve the fortunes of India Inc and these sectors

Revive, thrive, go forward: How Nakul Anand sees hotels after Covid-19

Over grilled chicken and greens, Anand talks to Pavan Lall about the changes taking place in the world of hospitality due to Covid-19, and the career lessons he took away from his days as a DJ