Page 26 - Fmcgs

Tata Consumer scales up transformation, adopts 'One Tata' approach

Eight O'Clock Coffee to be launched next week in India

ITC bets big on non-cigarette FMCG biz, but Street differs on smoke signals

Its non-cigarette FMCG business has been restructured and positioned as the next growth engine but the market still considers the conglomerate a tobacco player

Despite near-term headwinds, analysts bullish on FMCG stocks

Companies, analysts feel, will be able to pass on the sharp rise in raw material (oil) prices over time

New CEO at Godrej Consumer Products drives a sharp rerating for the stock

The stock gains 21 per cent; improvement in financial metrics key to sustain show

Marico fourth quarter net profit up 14% at Rs 227 cr; sales rise 34.5%

This was helped by a double-digit volume growth in the domestic market.

Coffee lovers and home bakers drive strongest Nestle quarter in a decade

The maker of KitKat chocolate bars and Nespresso coffee confirmed its full-year and medium-term sales guidance.

Nestle India March qtr profit up 14.6% on double-digit sales growth

Key products like Maggi Noodles, Kitkat, Nescafe Classic, Maggi Sauces, Milkmaid and Maggi Masala-Ae-Magic delivered robust performance as in-home consumption surged

FMCG startup AnKa SumMor raises Rs 3 cr in pre-Series A round led by IPV

AnKa SumMor works with FMCG brands to help them scale up their businesses rapidly

FMCG firms assure uninterrupted supply amid Covid-19 restrictions

FMCG firms such as ITC, Parle Products, Marico, Emami and CG Corp Global on Wednesday assured uninterrupted supply of their products

Growth triggers, valuations drive Britannia stock; Covid impact subdued

Market share improvement, uptick in margins to sustain gains over the medium term

Marico expects to deliver low double-digit bottomline growth in Q4

Marico said it has witnessed healthy momentum building across its key portfolios and expects low double-digit bottomline growth in the fourth quarter last fiscal after being impacted by the pandemic

IPV leads seed round in FMCG startup Happy Jars

The startup currently has a turnover of Rs 2 cr in the Rs 250-crore market

CavinKare announces retail space foray under brand name of 'My Cavin's'

The company said it plans scaling up the My Cavin's brand with 150 outlets across regions by 2025

After honey, Marico gets into instant noodles under Saffola brand

Takes on Nestle, ITC in a Rs 4,000 cr market; first big launch after Maggi crisis

Nestle outshines peers thanks to pet food, health products

Nestle proposed hiking its dividend 5 cents to 2.75 francs per share for 2020, its 26th consecutive increase

Nestle India fourth quarter profit rises marginally to Rs 483 cr

The firm was helped by strong domestic sales growth that was broad-based and largely driven by volume and mix; declares final dividend of Rs 65 per share

FMCG industry grows 7.3% in Oct-Dec, rural sales up 14.2%: Nielsen

The industry was helped by consumption-led recovery during the festive period

Britannia net profit up 22% at Rs 453 cr, revenue rises 6% in Dec quarter

General trade, its largest channel, continues to grow at a healthy pace on the back of buoyancy in rural economy and urban recovery; challenges persist in other channels

Consumer giant Unilever sets long-term targets as China, India rebound

Unilever sets long-term targets as China, India rebound

Procter & Gamble second quarter net profit jumps 84% to Rs 250.62 cr

FMCG firm Procter & Gamble Hygiene and Health Care Ltd on Wednesday reported an 84.37 per cent increase in its net profit to Rs 250.62 crore for the second quarter ended December 2020. The company, which follows July-June financial year, had posted a net profit of Rs 135.93 crore in the corresponding quarter previous fiscal, Procter & Gamble said in a regulatory filing. Its revenue from operations surged 18.52 per cent to Rs 1,018.44 crore during the period under review as against Rs 859.27 crore in the October-December period last fiscal. "Both the feminine care and healthcare business delivered strong double-digit growth in the quarter and grew ahead of category," the company said in an earnings statement. The company has delivered double-digit profit growth for the second consecutive quarter this year, its Managing Director Madhusudan Gopalan said. "The growth was driven by the strength of our trusted product portfolio, strong retail execution and strong market recovery in .