Page 7 - Fmcgs

White-collar hiring up 4% in Jan, driven by FMCG, pharma, insurance sectors

White-collar hiring activities in January witnessed 4 per cent growth driven by traditional sectors, including FMCG, pharma and insurance, according to a report released on Monday. "In 2024, January had greeted us with a disappointing 11 per cent de-growth in hiring. In contrast, 2025 seems to have started on a positive note. The 4 per cent hiring growth is tempered as IT recovery settles in, however, strong growth in most core sectors, including FMCG, pharma, insurance and hospitality is a good sign and augurs well for a cracking 2025 in terms of white collar hiring," Naukri Chief Business Officer Pawan Goyal said in a statement quoting NaukriJobSpeak Index. The report revealed a steady hiring environment with strong performances in core sectors like FMCG (16 per cent), insurance (15 per cent), and pharma (11 per cent), and hospitality by 8 per cent, while IT hiring remained flattish, the report added. The Naukri JobSpeak is a monthly index representing the Indian job market and ..

Budget 2025 impact: Consumption-related stocks likely to see further gains

The Nifty 50 index is down about 10 per cent from its September 2024 highs of 26,277. The last four months have seen month-on-month losses largely due to sustained selling by the FPIs

Budget 2025: FMCGs hope tax relief, rural infra funds to boost consumption

The proposed income tax relief for the middle class and increased investments for rural development will help to drive consumption and propel growth of the premium product market, leading FMCG and consumer goods makers said on budget proposals. The measures announced by Finance Minister Nirmala Sitharaman in the Union Budget will not only alleviate the burden of inflation and rising living costs but also help stimulate overall consumption, the makers said. The Union Budget 2025-26 is a bold and forward-looking plan that places the middle class at its core while ensuring inclusive and sustainable growth across all sectors," said Marico MD & CEO Saugata Gupta. For middle-class families, strategic focus on targeted tax relief and enhanced social security measures, will uplift household sentiments, boost disposable income and drive consumption, he added. PepsiCo India & South Asia Chief Executive Officer Jagrut Kotecha said Union Budget 2025 is focused on an income-led economic ...

FMCG major Dabur to undertake price hikes in toothpaste, fruit juices

Company record net profit of Rs 522 crore, revenue rises 3.1% in Q3

Emami Q3 result: Profit up at 7% to Rs 279 cr, revenue rise to Rs 1,049 cr

Home-grown FMCG major Emami Ltd on Monday reported an increase of 7.03 per cent in profit after tax at Rs 278.98 crore in the third quarter ended December 2024, helped by a healthy volume growth in core business. The company had posted a PAT (profit after tax) of Rs 260.65 crore in the October-December quarter a year ago, according to a regulatory filing from Emami. Emami's revenue from operations was up 5.33 per cent to Rs 1,049.48 crore during the quarter under review. It was at Rs 996.32 crore in the corresponding quarter. "The company continued to deliver profit-led growth, with improved margins across the board. Gross margins expanded by 150 basis points to 70.3 per cent," said Emami in its earnings statement. EBITDA (earnings before interest, tax, depreciation and amortisation) grew by 8 per cent to Rs 339 crore in the December quarter, with margins expanding by 70 basis points, it added. About the demand trends, Emami said the macroeconomic environment during the reporting

Mouth freshener brand JoySpoon's funding round reaches Rs 1.81 crore

Founded by husband-and-wife duo Vaishali Mehta and Yash Mehta, JoySpoon is tapping an industry expected to grow to Rs 27,491 crore by 2028

FMCG brands adopt new packaging strategy for q-commerce and kirana stores

Quick commerce has become the fastest-growing sales channel for FMCG companies, prompting them to adopt new packaging strategies to protect traditional retail channels

Q3 results preview: Weak urban demand likely to weigh on FMCG volumes

Persistent weak urban demand could impact firms' performance in Q3FY25

Marico forecasts higher quarterly revenue growth on cooking oil demand

However, sales in large cities are under pressure as consumers cut back on spending due to high costs of living

Dabur expects single-digit revenue growth, flat operating profit in Q3FY25

Dabur expects a "low single-digit growth" in the December quarter along with a "flattish operating profit" as the homegrown FMCG major faced inflationary headwinds in some of the segments. This forced Dabur to go for "tactical price increases" and tried to mitigate the inflationary pressure through cost-efficiency initiatives partially, Dabur informed in its quarterly updates on Friday. During the October-December period, rural consumption of FMCG was resilient and continued to grow faster. Alternative channels like modern trade, e-commerce, and quick commerce continued to post strong growth, while general trade, which mainly includes neighbourhood kirna stores was still under pressure in the October-December period. In the domestic market, Dabur's HPC (home & personal care) is expected to grow in the mid to high single digits, while Health Care is expected to be 'flattish' due to the delayed winter onset. "While the Beverages portfolio is expected to report muted performance, our

Food inflation continues to play spoilsport for FMCG sector: Kantar report

The per household average spend in the urban market recorded a 13% jump in a year to reach Rs 6,761 this Oct quarter

FMCG industry expects consumption revival in 2025 after a challenging year

The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss. The makers also expect a shot in the arm in the upcoming annual budget, which would help the stressed middle-income group and stimulate consumption, besides a good monsoon and continued rejuvenation of the rural market. A resurgence of high food inflation once again in 2024 disrupted consumption patterns, particularly among mass-segment consumers, said Emami Vice Chairman & MD Harsha V Agarwal, adding elevated food inflation continues ..

SC classifies small bottles of coconut oil as edible; to be taxed at 5% GST

The court, however, clarified that if coconut oil is packaged in small bottles and labelled as hair oil, it should be classified as hair oil under the Central Excise Tariff Act, 1985

Indian companies push marketing spend as sales hit slow lane, shows data

The surge comes amid a consumption slowdown that dragged economic growth to 5.4 per cent in the September quarter, the weakest in nearly two years

FMCG major Dabur India's stock seems reasonably valued post correction

Dabur is expanding its premium portfolio and Total Addressable Market (TAM). The company estimates its existing portfolio, contributes less than 5 per cent of TAM

FMCGs need volume growth, distribution innovation: Pidilite's Bharat Puri

Noting that modern trade and quick-commerce channels are thriving, offering new growth avenues, he said insurgent brands are capturing significant growth by winning the hearts of underserved customers

ITC ramps up cultivation of medicinal, aromatic plants for market expansion

ITC Agri Business Division is encouraging the cultivation of medicinal and aromatic plants to expand the conglomerate's presence in the fast-growing health and wellness products market in the food, personal care and other categories. The agri-division of ITC is working with farmers and helping them to diversify their crops by encouraging them to cultivate high-demand crops like Ashwagandha, Tulsi, and Kalonji in Madhya Pradesh and turmeric in southern states. Through this initiative, ITC looks to meet its requirements by chasing its FMCG ambitions and also leverages the B2B nutraceuticals space, bridging the demand-supply gap in the market, which has evolved rapidly after the pandemic. "As a part of the ITC Next strategy, the company's Agri-Business Division has pivoted its strategic focus towards rapidly scaling up its value-added Agri Products (VAAP) portfolio to accelerate growth and competitiveness. In line with the larger ITC NextGen Agriculture vision, we are focusing on ...

Leading FMCG players hike soap prices by 7-8% as palm oil rates go up

Leading FMCG makers such as HUL and Wipro have hiked soap prices by around 7 -8 per cent to offset the impact of a surge in palm oil prices, a key raw material for the product. Companies such as HUL and Tata Consumer have also increased prices of tea recently due to a decline in production caused by erratic weather conditions. During the earning calls for the September quarter, several listed players hinted at a price increase in soaps in the current quarter to safeguard their margins, as they were facing a rise the prices of commodity inputs such as palm oil, coffee and cocoa. "The prices of palm oil derivatives, a key raw material in soap manufacturing, have risen significantly -- 30 per cent plus increase since the start of this year," Wipro Consumer Care Chief Executive Neeraj Khatri told PTI. "In response, all major players in the industry have implemented price hikes of approximately 78 per cent to partially offset the increase. Our pricing adjustments are aligned with these

Reliance's FMCG arm bets on higher margins, cheaper pricing to gain ground

Reliance Consumer Products disrupts FMCG market by offering its distributors 6-8 per cent margins - double the industry average - while pricing products 20-40% lower than competitors, to drive growth

Horses for courses: ITC devises bespoke plans for distribution channels

In Q2FY25, ITC's sales on quick commerce grew by over 50 per cent year-on-year on a smaller base, contributing 50 per cent of its overall e-commerce sales