Page 28 - Fmcg

ITC's 60 non-tobacco FMCG product launches in FY20 top previous high

New record set in a year marked by slowdown; the firm had launched 50 products last year

Tata Consumer Products reports 81.8% rise in Q1 net profit at Rs 346 cr

The company posted a net profit of Rs 190.09 crore in April-June a year ago, said TCPL, earlier known as Tata Global Beverages Ltd, in a BSE filing.

Dabur Q1 profit falls 6% to Rs 341 cr; revenue dips 12.9% to Rs 1,979.9 cr

Dabur said during the quarter the company introduced a record number of new products and variants anchored on the consumer need for health, immunity and hygiene

India's FMCG sector to see flat growth in 2020 due to Covid-19: Nielsen

Though the FMCG industry has shown some sign of improvements in June, but in the first half of the year the industry growth slipped to negative with 6% decline

Nestle India Q1 profit rises 11% to Rs 486.60 cr; net sales up 1.96%

Nestle India's domestic sales rose 2.55 per cent to Rs 2,907.74 crore in April-June quarter as against Rs 2,835.37 crore a year ago

As Covid-19 enters hinterland, FMCG heads divided on rural revival timeline

Some CEOs circumspect, others confident recovery will last

Brands try to understand cost-conscious consumer, evaluate purchase pattern

Value packs, local roots, budget labels mark the new shopping trail as consumers emerge from a series of lockdowns

Equity MFs take money off the table after sharp rebound in stock prices

Money managers increased their wager on Kotak Mahindra Bank, Bharti Airtel, SBI Life Insurance, HDFC Life, and HDFC AMC, which also saw large share sales

HUL to consider special interim dividend on July 21; stock hits 10-wk high

The stock of the fast-moving consumer goods (FMCG) giant has gained nearly 5 per cent in the past two trading days.

Parle, Amul, Clinic Plus shampoo top 3 FMCG brands in India: Report

Compiled annually, the ranking has been derived on the basis of consumer reach points, a metric that measures how many households are buying a brand and how often.

Television, digital ads grow at 40% and 60% of pre-Covid levels: Experts

Media industry experts and agency heads point to a revival in TV and digital advertising in June, as big spenders such as FMCG, automobiles, and e-commerce get operations back to pre-Covid-19 levels

Despite poor show in Q4, India Inc's combined dividend payout rises 6.5%

Experts attribute the higher payout to the change in dividend law and cut in corporate income tax.

Godrej Consumer expects mid single-digit sales growth in Q1 of FY21

Growth will be driven by higher volumes, says company

Brakes on spending: Consumers begin value hunting in FMCG, automobiles

The emphasis, as most FMCG chief executive officers admit, is on essentials and away from discretionary categories

HUL names men's skincare brand as 'Glow and Handsome'; Emami objects

Emami has also hinted at taking legal action as it has already changed its men's fairness cream's name

ITC's better Q4 fails to fully convince the street; stock rises just 1%

While high hopes from non-cigarette FMCG, higher dividend payout and strong free cash flows are positive, multiple headwinds for key cigarette business

FMCG sector's revenue to de-grow 2-3% in FY21, says CRISIL Ratings

The assessment is based on an analysis of 57 CRISIL-rated FMCG companies that account for approximately 50% of the sector's revenues

Opportunity in crisis: 5 sectors that may gain from coronavirus pandemic

As India moves to open up the country, investors look at sectors that have been resilient. Puneet Wadhwa charts sectors that are expected to do well in the next few months

ITC set to acquire spice major Sunrise Foods for estimated Rs 2,000 crore

The share-purchase agreement was completed after lockdown was enforced and the final deal is likely to be signed soon

The pandemic pivot to low-touch business

There are sectors that are looking beyond the pandemic to pivot from being a high-touch business to a low-touch one