Page 26 - Fmcg
Top headlines: Fed on US economy, IAF deploys Rafales to counter China
Business Standard brings to you the top headlines on Thursday
 "Top headlines: Fed on US economy, IAF deploys Rafales to counter China")
ITC Q1FY22 results: Expert take
The cigarettes-to-hotels conglomerate, ITC, reported a 30.24% YoY increase in consolidated profit in the June quarter. Business Standard spoke to a D-Street expert to understand how ITC fared in Q1 and how government divestment of its 7.93% stake in ITC is likely to impact the stock in the quarters ahead.
 "ITC Q1FY22 results: Expert take")
HUL Q1 preview: Brokerages eye 7-15% YoY PAT growth; margin impact in focus
HUL is likely to report 21.3 per cent YoY revenue growth at Rs 12,807.6 in its Q1 revenue report, ICICI Direct said in a note
 "HUL Q1 preview: Brokerages eye 7-15% YoY PAT growth; margin impact in focus")
Why switching over to laggards may prove rewarding in stock market
FMCG, Pharma and Energy are sectors that have delivered lower returns than benchmark indices in the past year
 "Why switching over to laggards may prove rewarding in stock market")
Multiple growth triggers in place for shares of packaging firms
Any sharp rise in raw material prices or softening of FMCG demand could hurt prospects
 "Multiple growth triggers in place for shares of packaging firms")
FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic
Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter
 "FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic")
Consumer has become an omni-channel shopper: GCPL India's Sunil Kataria
Sunil Kataria, CEO (India & SAARC) of GCPL, explains the challenges arising out of the second wave, in an interview to Viveat Susan Pinto
 "Consumer has become an omni-channel shopper: GCPL India's Sunil Kataria")
We will continue to actively look for acquisitions: ITC CMD Sanjiv Puri
In a Q&A, he says that with vaccination picking up pace, consumers will gain confidence and the economy will recover progressively
 "We will continue to actively look for acquisitions: ITC CMD Sanjiv Puri")
Consumer discretionary index hits all-time high; analysts see more upside
The recent optimism at the bourses stems from the hope that consumers will resort to 'revenge buying' once the lockdown condition is lifted following the second wave of Covid infections receding
 "Consumer discretionary index hits all-time high; analysts see more upside")
IPV leads early-stage investment in FMCG distribution platform Dropshop
The startup is a full-stack platform for FMCG companies to digitise their last-mile distribution such as sales, logistics and credit to retailers.
 "IPV leads early-stage investment in FMCG distribution platform Dropshop")
Investors shun top FMCG stocks amid market rally; Tata Consumer outlier
M-cap of top 10 firms has risen 12% in 1 year, against 42% rally in Nifty50
FMCGs turn to online distribution as Covid forces kiranas to down shutters
Online as a percentage of sales for FMCG companies has touched 8-9 per cent for some firms versus 5-6 per cent a few months ago.
 "FMCGs turn to online distribution as Covid forces kiranas to down shutters")
Emami's net profit jumps over three-fold to Rs 87.73 cr in March quarter
FMCG firm Emami Ltd on Tuesday reported over three-fold jump in its consolidated net profit to Rs 87.73 crore for the quarter ended March 31.
 "Emami's net profit jumps over three-fold to Rs 87.73 cr in March quarter")
FMCG industry record 9.4% growth in January-March quarter: Nielsen
Indian FMCG industry has recorded a 9.4 per cent growth in the January-March quarter of 2021, helped by a consumption-led growth and value growth by increased prices of products
 "FMCG industry record 9.4% growth in January-March quarter: Nielsen")
Godrej Consumer Products' consolidated net profit up 59% in March quarter
FMCG major Godrej Consumer Products Ltd (GCPL) on Tuesday reported a 59.13 per cent increase in its consolidated net profit to Rs 365.84 crore for the fourth quarter ended March 2021.
 "Godrej Consumer Products' consolidated net profit up 59% in March quarter")
Dabur's consolidated net profit rises 34% to Rs 377 crore in March quarter
Homegrown FMCG major Dabur India Ltd on Friday reported an increase of 33.98 per cent in consolidated net profit at Rs 377.29 crore for the fourth quarter ended March 2021
 "Dabur's consolidated net profit rises 34% to Rs 377 crore in March quarter")
FIIs turn sellers after 6 months but bet big on these 2 sectors in April
The two sectors which continue to see highest net inflow consecutively for the two months are - FMCG and Realty, a report by Edelweiss Securities said
 "FIIs turn sellers after 6 months but bet big on these 2 sectors in April")
2021 will be a better year for us than 2020: HUL CMD Sanjiv Mehta
In an interview with Viveat Susan Pinto, Mehta speaks on the shape of things to come for the fast-moving consumer goods (FMCG) market and his firm
 "2021 will be a better year for us than 2020: HUL CMD Sanjiv Mehta")
Amid Covid-19 second wave, headwinds visible for India's FMCG sector
Second wave and weak sentiment are likely to impact consumption
 "Amid Covid-19 second wave, headwinds visible for India's FMCG sector")
Marico net profit up 14% in Jan quarter; revenue up 34% on low base
The company's domestic consumer business contributes nearly 77 per cent to overall top line
 "Marico net profit up 14% in Jan quarter; revenue up 34% on low base")