Kolkata, Hyderabad, Mumbai and Pune led the growth, Volume growth was muted at 1.2%
The Fast Moving Consumer Goods (FMCG) market will see further tapering down and decline in volumes, especially in the in-home consumption category due to a higher base effect
Leading biscuit maker Parle Products has also increased prices by 5 per cent to 10 per cent across its product portfolio in this quarter
The managing director and CEO of TCPL talks about the FMCG major's e-commerce strategy, inflationary pressures on the business, and expansion of out-of-home brands
B2B e-commerce says it recorded a 75 per cent jump in retailer participation during sale promotion.
Their net profits down 26 per cent in H1FY22 over H2FY21 owing to higher input costs
EV startup Ather Energy is planning to go for an IPO within two years. More on that story in our top headlines this morning.
Volume growth, amid soft rural demand, is also a key monitorable
Company says posted a growth of 9% in domestic business led by a volume growth of 6%
The company said its foods franchise is on course to reach the Rs 500 crore mark in FY22
Leading FMCG companies have termed the PLI scheme approved by the government for the food processing sector as a game-changer which would help bring more investment
After 14% decline in price, attractive valuations could support stock
The Nifty FMCG average valuations are 36 times, while its top six rivals are trading at an average of just over 50 times
Organised trade witnessed a resurgence in the third quarter with strong revenue growth in mid-twenties after a muted second quarter which was impacted by the second wave of COVID-19.
Company posts 9% YoY increase in net profit, 11% growth in revenues
Faced with "unprecedented" inflation in certain commodities like palm oil, crude based derivatives and tea, and ocean freight, HUL has hiked prices in the past three quarters
Auto, energy and realty have been the big gainers since September 1
Firm began investing in startups over three years back ago when it bet on Helios Lifestyle; it has also invested in personal care company Brillare
Market rally has added roughly 1 percentage point to GDP growth each quarter since October-December
Presently, FMCG companies are facing inflationary pressure on the raw material inputs and some of them have even increased the prices to maintain margins.