Page 19 - Fmcg

FMCG exports to make substantial contribution to ITC's growth: Sanjiv Puri

ITC launched 110 products in FY22 to mark its capacity for innovation, he says

Hindustan Unilever warns of higher prices as costs pressure margins

High commodity prices forced the India unit of Unilever to raise prices across its main segments, including household care, skin and hair cleansing products, in the quarter ended June

Hindustan Unilever Q1 results: Net profit rises 11% to Rs 2,289 cr

'During the quarter, our turnover grew 19% with underlying volume growth of 6%. We continued to grow significantly ahead of the market, gaining value and volume market shares,' says the FMCG major

ITC stock puffed up over stable tax regime, steady volume recovery

Better capital allocation and valuation make it a preferred choice amid a volatile environment

Powered by FMCG, auto stocks; indices snap four-day losing streak

Tata Steel, Power Grid, HCL Technologies, Wipro, Dr Reddy's and Axis Bank were the laggards

Spices to soaps: Prices of consumer items have spiked up to 32% in a year

There has been a double-digit year-on-year increase in the prices of most spices, with branded coriander costing 16.9 per cent more in June this year than a year ago

Looking at domestic flows, peak pessimism hasn't reached yet: ICICI Sec CIO

'Foreign institutional investment (FII) is expected to reverse when these macro headwinds stabilise for a few months'

Farm to Fork: Food firms wait for commodity prices to cool further

The second of a four-part series focuses on how food companies are yet to pass on the benefit of the decline in input prices to consumers

Price hikes likely to drive FMCG firms' revenue in April-June quarter

Commentary to watch out for from consumer companies includes rural demand, overall demand impact due to high commodity costs, and volume growth

BSE FMCG Index nears new high as falling input prices spark optimism

Rural demand another reason for buoyant sentiment towards FMCG stocks

FMCG distribution legend Bhau Phansalkar passes away: An obituary

'Bhau Saheb' was not globally famous, but was among the pioneers who built HUL and the FMCG industry between the 1950s and the 1970s

Inflation continued to 'hit hard' FMCG industry in June quarter: GCPL

The country's FMCG industry continued to be "hit hard by inflation levels" leading to successive price hikes as well as impacting volumes during the three months ended June, according to Godrej

ITC hits highest level since May 2019; stock soars 10% in 6 days

ITC has been gaining market share in cigarettes over the last one year through new premium products & aggrieve trade promotions

Urban FMCG sales see sharper fall than rural in June, shows data

Sales of goods from shampoos to biscuits stayed lower due to inflationary pressures on commodities

Plastic ban: Maharashtra, Gujarat among top Indian plastic waste producers

India ranks as the fifth-highest country in the generation of plastic waste with an annual discharge of 3.5 million tonne in fiscal year 2020, according to a note by Kotak Institutional Equities.

Banks, IT account for 93% of the Rs 2 trillion selloff by FPIs the past yr

FMCG, construction materials were among other sectors to see large outflow, while metals, power, discretionary consumption and telecom saw inflows

Ruchi Soya Industries renamed Patanjali Foods with effect from June 24

In May, Ruchi Soya announced the acquisition of Patanjali Ayurved's entire food business for Rs 690 crore, in order to speed up its transition into an FMCG company

Hindustan Unilever to take further price hikes despite volumes taking a hit

Country going through probably the most difficult economic situation, says chairman

Will your Frooti & Maaza packs go off the shelves from July 1?

Govt has decided to phase out single-use plastic from the country. So, FMCG companies are now scrambling to find a replacement for plastic straws. Here's an insight into the world of plastic straws

Inflation a key monitorable in the near term, says ITC annual report

ITC's FMCG brands crossed annual consumer spend of Rs 24,000 crore and the year also saw about 110 new product launches from the segment