Page 15 - Fmcg

FMCG demand goes up in February, as stores stock up for summer

Demand in South India, however, still remained slightly weak as summer stocks are yet to be replenished

P&G launches programme for employees who are caregivers to disable children

FMCG major Procter & Gamble India on Tuesday announced the launch of 'Lead With Care' programme to support its employees who are caregivers to children with disabilities and special needs. This programme will enable employees to avail early preventive care and treatment for children impacted by specific neurodevelopmental, cognitive, behavioural, or physical impairments, said a statement from the company which owns brands such as Ariel, Vicks and Head & Shoulders. "The programme includes medical coverage across diagnosis, doctor consultations, treatment, cost of medicines and devices, and builds on top of the existing medical support the company extends to all its employees and their families, including employees of the LGBTQ+ community," it said. Additionally, the company will facilitate specialised and trained day-care support via certified partners and shall provide an employee assistance programme (EAP) available 24x7 to all employees and their families to navigate this ...

HUL to sell Annapurna and Captain Cook brands for Rs 60 cr to Singapore co

The two brands had a combined turnover of Rs 127 cr in FY22, less than 1% of HUL's top line

We're looking at acquisitions but won't buy at all costs: Tata Consumer MD

In a Q&A, Sunil D'Souza talks about the company's strategy to launch more D2C brands and his outlook on demand for the company

Dabur net falls 5.4% to Rs 476 cr in Q3, revenue crosses Rs 3,000 cr mark

Customers shifting to more affordable, smaller packs slows down FMCG firm's rural growth

Reliance Consumer bites into biscuit market to take on Britannia, Parle

Maliban, household name in Sri Lanka, is a biscuit manufacturer well known for the last 70 years

The everywhere retail

Spurred by the pandemic, the convergence between offline and online commerce could reach a tipping point in 2023

Reliance Retail net profit increases 6.2% to Rs 2,400 crore in Dec quarter

Ebitda from operations up 32.2%, revenue rises 18.6%

Udaan product shipment jumps six-fold to 1.7 bn in 2022

The Lightspeed Venture and Microsoft-backed unicorn had shipped 260 million products, catering to around 50 million orders in 2021 -- which was hugely impacted by the pandemic

Results preview: FMCG firms confident of strong Q3 revenue growth

Rural demand continues to remain under pressure

FPIs warm up to finance and FMCG stocks in December, shows data

Rising credit growth, falling NPAs responsible for the pivot

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

Reliance Consumer Products to acquire 50% stake in makers of Sosyo

Reliance Consumer Products announced it will acquire 50 per cent stake in 100 year old Gujarat-based Sosyo Hajoori Beverages, which owns and operates beverage business under the flagship brand 'Sosyo

Rural demand for FMCG products nears positive territory in December

Overall demand from rural areas declined 0.2 per cent on a month-on-month basis in December while it was down 17 per cent in November, according to Bizom's data

Marico expands RTE portfolio with Saffola Munchiez ragi chips and makhana

The FMCG firm is tapping the increasing tribe of conscious, albeit indulgent modern consumers with this new on-the-go healthy snack brand

FMCG industry hopes to recover lost volume, to shrug off shrinkflation

Shrinkflation or reducing the size or quantity of a product while keeping the price unchanged was a little-known term in India but a surge in raw material costs following the war in Ukraine pushed several FMCG companies to resort to such a practice to ensure there is no impact on the fragile recovery in demand. And when they exhausted all options, FMCG (Fast Moving Consumer Goods) companies raised prices. Now, they are hoping to recover the lost ground in 2023, with a recovery in margins and volumes, especially from the distressed rural areas amid softening commodity prices. FMCG companies are "cautiously optimistic" and expect the rural market, which accounts for more than one-third of the overall sales, to bounce back in 2023 riding on a good harvest season, government impetus, and improvement in farm income. Besides, they expect the tailwinds of emerging channels like modern trade and e-commerce driving urban demand, and from a rise in premium discretionary categories. Besides, t

Top Headlines: Manufacturing firms shine, defence exports treble, and more

Business Standard brings you the top headlines at this hour

Manufacturing sector companies outperform on the bourses in 2022

But it remains a laggard on the bourses over the past decade

Is FMCG the new battlefield between Ambani and Adani?

Reliance Consumer Products launched its consumer goods brand, Independence. It puts the company in direct competition with Adani Wilmar. Is FMCG the new battlefield between the Ambanis and the Adanis?

German company Henkel re-enters consumer segment with Schwarzkopf

German consumer goods firm Henkel, which has re-entered the consumer market in India after around a decade, is betting on the beauty segment in which it is working to build a holistic hair solutions portfolio, a company official said. With the consolidation of its consumer business at the global level, led by a successful merger of beauty care, laundry and home divisions, Henkel foresees a powerhouse of international bestsellers hitting the Indian market, said Kartik Kaushik, Country Head-Henkel Consumer Brands, India and South Asia Export. Henkel has introduced hair colourant brand Schwarzkopf in the consumer segment and also plans to launch another brand TAFT in India in the near future. "Hair colour is just the beginning of the India journey. The goal is to build a holistic hair solutions portfolio," Kaushik told PTI. According to Kaushik, there is a "bull run" for hair solution products in India and the growth trajectory is high. "The idea is to create a structured distributio