Fmcgs

Marico's digital brands cross ₹1,000 cr annual recurring revenue mark

Marico's digital brands have crossed the Rs 1,000 crore annual recurring revenue mark, and the FMCG major expects food & premium personal care to contribute 25 per cent of its India revenue, its Managing Director and Chief Executive Officer Saugata Gupta said. Marico's digital brands -- including Studio X, Pure Sense, Beardo, and True Elements -- have a diversified portfolio, ranging from premium personal care products to food, and are on a high growth momentum and likely to continue their faster pace, he added. "Our digital brands have crossed Rs 1,000 crore in ARR (annual recurring revenue), and we expect the diversified portfolio...including premium personal care, to contribute at least 25 per cent to our overall India business, over the next three years," Gupta told PTI. Beardo, its men's grooming brand, has almost turned profitable, delivering a double-digit EBITDA, and its D2C wellness brand Plix has achieved break-even, he said. "Our objective is to immediately take it to a

FMCG sales see slow growth to 5.4% in Q2 amid GST rejig: NielsenIQ

Sales growth in Indian FMCG sector slowed to 5.4 per cent in volume during September quarter mired by disruptions due to GST rate changes, though value growth jumped to 12.9 per cent, according to the latest report from data analytics firm NielsenIQ. The rural market also slowed down from 8.4 per cent to 7.7 per cent year-on-year, but continued to outpace the pace of sales in urban areas for the seventh consecutive quarter, the report said. "The market recorded a 5.4 per cent rise in volume alongside a 7.1 per cent increase in prices, with unit growth outpacing overall volume growth signalling a stronger consumer preference for smaller packs," it said. Urban market, which forms bulk of fast-moving consumer goods (FMCG) demand, is recovering moderately, particularly in smaller towns. Sequentially, it experienced slowdown. Rural market, which is of small packets, is driven by affordability, accounts for around 38 per cent of the FMCG demand. "Rural India has recorded a 7.7 per cent

GST transition sparks short-term FMCG demand dip in Sep quarter: Report

FMCG volumes eased to 5.4% in Q2 as GST transition caused a brief slowdown, though rural markets continued to outpace urban areas and overall sector growth stayed strong at 12.9%

Need to drive double-digit top line, and margins in excess of that: TCPL

We've got good volume growth. We continue to expand distribution and innovation and we continue to power up. We are on track for a full year of 5 per cent innovation to sales this year as well

Tata Consumer Products Q2 results: Net profit up 11% at ₹407 crore

Tata Consumer Products Ltd (TCPL) on Monday reported a 10.7 per cent increase in consolidated net profit to Rs 406.51 crore in the second quarter ended September 2025, led by India business. The company had posted a consolidated net profit of Rs 367.21 crore in the July-September quarter a year ago, according to a regulatory filing from TCPL, the Tata group's FMCG arm. Its revenue from operations rose by 17.83 per cent to Rs 4,965.9 crore in the September quarter of FY'26. It was at Rs 4,214.45 crore in the year-ago period. In the September quarter, TCPL's overall branded business was up 17 per cent to Rs 4,270.9 crore. It was at Rs 3,771.2 crore in the corresponding quarter of the last fiscal year. TCPL's branded businesses include tea, coffee, water, and other value-added products. The company's revenue from its India business was up 17.6 per cent year-on-year to Rs 3,122.15 crore in the second quarter of FY'26. "The India core business recorded its 2nd consecutive quarter of .

HCCBL expects growth despite H1 disruptions; 4 Jubilant nominees join board

Hindustan Coca-Cola Beverages, the bottling arm of beverage major Coca-Cola in India, expects a decent growth in FY26 despite facing disruptions in the first half, from adverse weather conditions to external macroeconomic pressures, according to a top company official. HCCBL hopes for a "promising potential outlook", encouraged by favourable macro conditions, such as rapid urbanisation and rising disposable income, and it would continue to invest in expansion of capacity, portfolio and distribution, among others, said its Chief Financial Officer Harsh Bhutani. Besides, the board of Hindustan Coca-Cola Beverages Ltd (HCCBL) has been reconstituted after the parent entity, The Coca-Cola Company, divested a 40 per cent stake to Jubilant Bhartia Group. According to an industry insider, four people from the Jubilant Bhartia Group, engaged in pharmaceuticals, food services, agribusiness, energy, and other services, have joined the board of HCCBL. When asked about the development, Bhutani

Dabur India launches ₹500 cr venture arm to back digital-first brands

CEO Mohit Malhotra says Dabur Ventures will target premium, Gen Z-focused brands within existing categories; company reports ₹100-crore GST impact in Q2

FMCG firms see Q2 disruptions but stay upbeat on strong economic outlook

FMCG companies selling soap to soft drinks in the Indian market reported some impact on their sales in the September quarter from disruption owing to GST reforms, along with unusually heavy rains in parts of the country, but they see growth in the coming quarters, helped by favourable macro-economic conditions. Leading global markers, including Unilever, Reckitt, Heineken, PepsiCo, and Coca-Cola, in their respective earnings calls, have mentioned challenges they faced due to disruptions in trade channels in September. "Our emerging market performance is improving; India, in particular, is very well positioned over the medium term. The GST reform has had some impact in the short-term, but we believe it is very good news for 40 per cent of our portfolio with close to a 10 per cent price reduction," Unilever CEO Fernando Fernandez said. British FMCG major Reckitt said its net revenue growth in India was impacted in the September quarter due to the implementation of new GST slabs; ...

FMCG set to turn the corner as GST 2.0 may boost spend, says report

According to the market researcher, rising commodity prices have led to a growing valley between volume and value growth

Nestle India Q2 profit falls 17%, revenue up 10.6% on strong volumes

Nestle India's net profit drops 17.4% to Rs 743.2 crore in Q2FY26 due to last year's exceptional item, while sales grow 10.6% to Rs 5,643.6 crore on strong domestic demand

FMCG companies indicate mid single-digit revenue growth in second quarter

FMCG majors expect moderate Q2 growth as GST rate cuts and inventory liquidation affect sales; Marico bucks trend with strong pricing-led performance

AI-first FMCG startup Meolaa raises $6 mn in pre-Series A funding

The Bengaluru-based startup plans to deploy funds into AI infrastructure, brand expansion and supply chain agility to compress FMCG product cycles from years to months

Leading FMCG companies witness disruption in trade in September

Leading FMCG companies have reported disruption in trade in September on account of implementation of new GST slabs, which in turn impacted revenue and profitability in the second quarter. Major players including HUL, Dabur and Marico, continued their momentum in July and August with a stable demand trends. However, in September, they had to absorb the transitory impact of disruption in trade channels on account of GST reforms and one of them expects the impact to drag in October. According to them, the consumers had deferred their purchase after the government announced the Next-Generation (GST 2.0) reforms on September 4, lowering duties on most daily essentials, including food and personal care products. The FMCG companies expect growth in the second half of the fiscal year, helped by stabilisation of prices and stimulation in demand from the lowering of duties. Moreover, they also expect sentiment to gradually improve during the festive season and months ahead, aided by easing

Q2 results preview: Destocking prior to GST 2.0 may impact FMCG sales

FMCG companies face muted sales in July-September as distributors slow purchases ahead of GST-driven MRP cuts, with Hindustan Unilever citing a short-term impact

Allana Group targets two-fold growth in 4-5 years, eyes $4 bn revenue

Allana Group, which is in manufacturing and exports of various consumer goods and processed food products, aims to double its business to nearly USD 4 billion, driven by its food processing and some new growth engines as its protein business, among others, a company official said. Allana Group, a family-owned business, which has presence in segments as coffee, poultry, fruits & vegetables, consumer goods, frozen foods, animal nutrition & pet foods, among others, has plans to enter into the domestic b2c markets in some of these segments. "After focusing on exports around the world, we are also looking to build our business in our country. We are very excited about the GST (goods and services tax) reforms. Our businesses like ice cream, pet food businesses, they have completely benefited from this," Allana Group CEO (Processed Food Division) Manish Muley told PTI. Allana group, which is present in the premium ice cream category in India with brand 'London Dairy', has already ...

Experts flag tax credit blockage for FMCG distributors despite GST relief

The industry may push for a new refund mechanism, but this would be difficult for the government to allow, given the high risk of misuse

Tata Consumer signs MoU with govt, to invest ₹2K cr in food processing

FMCG major Tata Consumer Products Ltd (TCPL) has plans to invest Rs 2,000 crore in the food processing industry in the next five years. It has signed a non-binding MoU with the government during the ongoing World Food India event here for the investment, the Tata group FMCG arm said in a regulatory filing, without disclosing any further details. "As part of Investment Promotion Activity for World Food India 2025, the Company has, today, signed a non-binding MoU with the Ministry of Food Processing Industries, Government of India, for an investment of up to Rs 2,000 crore over a period of 5 years," it said. However, TCPL also added that the proposed investment is "subject to financial evaluation of the individual projects and obtaining relevant corporate and statutory approvals" by the company. Hence, the details provided may vary, TCPL said. "Once the terms and conditions for investment are finalised, the company would make appropriate disclosures, if necessary," it said. TCPL ..

HUL expects near-flat Q2FY26 growth as GST rate cuts likely to hit sales

Leading FMCG major HUL on Friday said that while reduced GST rates will support long-term consumption, short-term order postponement due to anticipation of lower tax led to "near flat to low-single digit" business growth in the September quarter. HUL, which owns popular brands like Lux, Rin, Surf Excel, and Ponds, has witnessed a transitory impact "in the form of disruption at distributors and retailers" across channels to clear existing inventories at old prices. "This has resulted in postponement of ordering in anticipation of receiving new stocks with updated prices and lower orders across the overall portfolio as consumers delayed their pantry buying," said HUL in a regulatory filing. This disruption resulted in a short-term impact on sales for the company in the September quarter. "Given our existing pipeline inventory in the channels, we expect this impact to continue into October as well," he said. Though these reforms are expected to increase disposable income and drive ..

Durga Puja 2025: Corporate sponsorship up across West Bengal's 45K pandals

Corporate sponsorship for Durga Puja is buoyant in Kolkata with brands returning strongly, though retail sales show mixed trends across malls, shopping hubs and markets

Mom-and-pop stores play the MRP waiting game as new GST rates kick in

ecommerce companies complete technical preparations for the simplified GST structure