Page 5 - Fmcgs

HUL MD Rohit Jawa's total remuneration rises 3.7% to Rs 23 cr in FY25

HUL Managing Director Rohit Jawa's total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Jawa's salary was at Rs 3.65 crore along with allowances of 11.45 crore, a bonus of Rs 3.78 crore and a perquisite long-term incentives of Rs 2.76 crore. The annual report said that Jawa's remuneration was 146.47 times more than the median remuneration of employees. In FY24, Jawa's remuneration was 153.03 time more than median remuneration of employees. Interestingly, the annual report also highlighted a fall of 8.46 per cent in the total number of permanent employees. According to the report, HUL has 6,604 permanent employees on the rolls of the company as on March 31, 2025. However, a year before HUL had 7,215 permanent employees on the rolls of the company as on March 31, 2024. The percentage increase in the median remuneration of employees for the financial year 2024-25 was 8.39 per cent. "Averag

Tech service providers leverage financial sector expertise for new biz

TSPs have long been associated with the transformation of the financial services industry; now, they are using that domain knowledge to help digital commerce and startups hire the right people

Agri output likely to propel India's Q4 GDP growth to 4-quarter high

Industrial sector expansion is, however, expected to remain subdued

Early rains throw a wet blanket over FMCG, air conditioner, beauty sales

Typically, the summer season from April to June sees peak sales of cold beverages, including carbonated drinks, ice creams, ACs, and other edible and non-edible cooling products

Jyothy Labs Q4 profit down 2.4% to Rs 76.3 cr, revenue up at Rs 682.4 cr

FMCG firm Jyothy Labs Ltd on Monday reported a decline of 2.4 per cent in its consolidated net profit to Rs 76.27 crore in the March quarter of FY25. It had posted a consolidated net profit of Rs 78.15 crore in the January-March quarter a year ago, according to a regulatory filing by Jyothy Labs, which owns brands such as Ujala, Pril, Margo and Exo. Jyothy Labs' revenue from operations grew 1 per cent to Rs 666.96 crore in the March quarter. "The company reported a consolidated revenue of Rs 667 crore for Q4 FY2025, reflecting a 1.1 per cent increase in value and 4 per cent growth in volume compared to the same period last year. The EBITDA margin for the quarter stood at 16.8 per cent, up from 16.4 per cent in Q4 FY 2024," Jyothy Labs said in its earnings statement. Total expenses of Jyothy Labs was Rs 571.23 crore in the March quarter. Its total revenue rose 1.4 per cent to Rs 682.44 crore in the March quarter. It was at Rs 672.96 crore in the corresponding period a year ...

FMCG firms ensure uninterrupted supply, tweak shifts near border areas

FMCG companies adjust factory schedules, push higher stocks and extend credit to distributors in conflict-affected states while ensuring staff safety and compliance

Rural demand for FMCG grows at a slower pace in March quarter: NielsenIQ

Demand for fast-moving consumer goods (FMCG) in rural India stood at 8.4 per cent in the March quarter, compared to 9.2 per cent in October-December of 2024

Britannia Q4 results: Net profit rises 4% to Rs 560 crore, revenue up 9%

Britannia Industries reported a 4 per cent rise in Q4FY25 net profit to Rs 560 crore, with 8.9 per cent revenue growth amid tight consumption and rising input costs

Dabur to drop underperforming tea, diapers; focus on Qcommerce for growth

Homegrown FMCG major Dabur India will exit categories such as tea, adult and baby diapers, and sanitising products as part of rationalisation of its underperforming products, said CEO Mohit Malhotra. The company, aiming "to achieve sustainable double-digit CAGR by FY28 in both topline and bottomline" has renewed its strategy focus, building on its core strengths, he added. Dabur is going for "rationalisation of underperforming products and SKUS in order to release capital for bigger bets. A few examples of these are Vedic tea, adult & baby diapers and Dabur Vita," said Malhotra during the investors' call. These segments contribute less than 1 per cent to Dabur's revenue, which stood at Rs 13,113.19 crore in FY25. "So we will get out of these categories and focus on big, bold equities which we have identified, and the core portfolio is where we will invest," said Malhotra. Dabur, as per its new vision strategy, would continue to invest in core brands, would focus on premiumisation

Dabur to drop weak products, targets double-digit growth by FY28

The FMCG firm will phase out underperformers like Vedic Tea and Dabur Vita while investing in core and premium products to fuel long-term growth amid a weak demand climate

Higher competitive pressures to cap DMart's margins in near term

DMart's stock slips after weak Q4 margin performance and cautious outlook as analysts flag rising cost pressures and competitive intensity in the FMCG segment

Bajaj Consumer Care Q4 results: Net profit falls 13% to Rs 30.98 crore

FMCG firm Bajaj Consumer Care Ltd on Monday reported 13 per cent decline in consolidated net profit at Rs 30.98 crore for the fourth quarter ended March 2025. The company earned a profit of Rs 35.58 crore in the January-March period a year ago, according to a regulatory filing from Bajaj Consumer Care, part of Bajaj Group. Revenue from operation was higher by 4.38 per cent year-on-year to Rs 250.49 crore in March quarter FY25. Total expenses were up 6.4 per cent to Rs 221.38 crore. In FY25, the company's consolidated net profit declined 19.4 per cent year-on-year to Rs 125.26 crore. Total revenue from operations was at Rs 964.82 crore, down 1.96 per cent as compared to FY24. The company mainly operates in the beauty care segment with its hair oil brands Almond Drops, Bajaj Pure Coconut Oil, Brahmi Amla Hair Oil etc. Shares of Bajaj Consumer Care Ltd on Monday settled at Rs 169.30 per scrip on BSE, up 1.35 per cent from the previous close.

FMCG major Marico extends CEO Saugata Gupta's tenure for two years

Home-grown FMCG major Marico said it has extended the tenure of Managing Director & Chief Executive Officer Saugata Gupta by re-appointing him for next two years. "The Board of Directors of the Company at its meeting held on May 2, 2025, approved the reappointment of Saugata Gupta as the Managing Director & Chief Executive Officer for a further period of two years, from April 1, 2026 till March 31, 2028," Marico said in a statement. The board had also approved continuation of Directorship of Harsh Mariwala, Chairman and Founder of Marico, as a Non-Executive Director, based on recommendation of the Nomination and Remuneration Committee of the company. Gupta had joined Marico, which owns popular brands including Saffola, Parachutte and Livon, in 2004 as the Head of Marketing. He was elevated as CEO of India business in 2007. Since 2014, Gupta has been continuing as the Managing Director and Chief Executive Officer of the company.

Avenue Supermarts net profit down 2.2% in Q4 due to lower operating margins

The company recorded a 16.8 per cent increase in its total revenue to Rs 14,872 crore

Marico Q4 results: Profit rises 7.8% to ₹345 cr on strong global growth

Homegrown FMCG firm Marico Ltd on Friday reported a 7.81 per cent rise in consolidated net profit at Rs 345 crore in the March quarter, driven by volume and revenue growth in India, along with robust international business. The company had posted a consolidated net profit of Rs 320 crore in the same period of the previous fiscal year, Marico Ltd said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 2,730 crore as against Rs 2,278 crore in the same period a year ago, it added. Total expenses in the fourth quarter were higher at Rs 2,336 crore as compared to Rs 1,894 crore in the corresponding period the previous year. In the fourth quarter, volume in India grew 7 per cent while the revenues were up 23 per cent. International business saw constant currency growth of 16 per cent, it added. The company said in India its 'Parachute Rigids' registered 1 per cent volume decline, witnessing transient sluggishness due to consumption

DS Group hits ₹10,000 cr revenue mark, sets sights on ₹20,000 cr by 2029

Group to spend Rs 1000 crore in hospitality, to set up 10-12 luxury hotels in 3-4 years

HUL agrees to take down Lakme's sunscreen ad in dispute with Mamaearth

The FMCG major told Justice Amit Bansal that it will remove online posts within 24 hours and hoardings within 48 hours

FMCG firms may register low single-digit revenue growth in FY25: Report

FMCG firms are expected to register a 5 per cent rise in revenue with almost flat margin growth in the fourth quarter of fiscal 2024-25, according to a report from banking firm BNP Paribas India. The report also lowered the earnings estimates for FY26 for the companies under its coverage, except for Godrej Consumer Products and Emami. However, it sees a "favourable base" in FY26 for the FMCG sector, helped by some near-term positives like the drop in crude price and positive trends for rural growth. "We expect our FMCG coverage revenue growth to inch up slightly from 4 per cent in 3QFY25 to 5 per cent in 4QFY25, led by Marico, which should see strong revenue growth helped by commodity inflation, and recovery in growth for GCPL, led by its home care division," BNP Paribas said in its India Consumer Report April 2025. The inflationary pressure on most commodities continues to be high in Q4, hurting the margins of the companies, though prices for palm oil and tea have eased quarter o

JioStar Network onboards 28 sponsors for TV premieres of 'Pushpa 2'

The highest-grossing movie of 2024, with a gross box office collection of Rs 1,043 crore as per Ormax Media, will be aired across South India's general entertainment channels

Tariff-pause market rally to fuel sector churn: Here're movers and shakers

Its top conviction picks include Reliance Industries, TVS Motors, Shriram Finance, ICICI Bank and Adani Ports and SEZ