Page 7 - Fmcgs

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

Haldiram's Delhi, Nagpur factions complete merger of FMCG business

The process of merging Haldiram's Nagpur and Delhi branches to form Haldiram Snacks Food Private Ltd has been completed, informed its CEO Krishan Kumar Chutani on the social media platform LinkedIn. "A new chapter begins in the Haldiram story, and it's a significant one," Chutani posted on LinkedIn on Monday. The FMCG businesses of Haldiram Snacks Private Ltd (Delhi) and Haldiram Foods International Pvt Ltd (Nagpur) have come together as one -- Haldiram Snacks Food Private Ltd (HSFPL). "This isn't just a merger. It's a fresh start, a meaningful coming together of legacy, passion, and a shared vision for the future. Where timeless flavours meet bold ideas, and the journey only gets more exciting from here," said Chutani. The merger has already received regulatory clearances from fair trade regulator CCI and respective benches of the National Company Law Tribunal (NCLT) in 2023. In HSFPL, the Delhi unit holds 56 per cent stake and rest 44 per cent is owned by the Nagpur branch. The

Rural FMCG's market growth outpaces urban in Q4 as qcom sees growth

Rural market growth continued to outpace that from the urban market for the FMCG industry in the March quarter, and margins remained under pressure as prices of some key commodity inputs remained at peak levels, according to business updates by leading players. Besides, on the channel side, traditional trade (Kirana shops) continued to be under pressure, while modern trade channels, e-Commerce and Quick commerce maintained their growth momentum, said listed FMCG companies like Dabur, Marico and AWL Agri Business (formerly Adani Wilmar) in their quarterly updates. The persistent food inflation continues to impact demand in the urban market, which contributes nearly two-thirds of the total FMCG sales. However, FMCG companies are hopeful of a profitable growth in FY'26 despite the current headwind, banking on factors which include moderating retail and food inflation as well as forecasts of a normal monsoon. Homegrown FMCG firm Dabur, in its quarterly update for the fourth quarter of

Weak urban demand, inflation likely to hit FMCG volumes in Q4FY25

Dabur India, maker of Hajmola candy and Real fruit juices, said that its India FMCG business is likely to decline to mid-single digits due to delayed and truncated winters

FMCG demand unchanged in Q4, urban weakness persists, shows Nomura report

The report states that it expects FMCG sales growth of 5.2 per cent due to some price increases, and volume growth is expected to remain stable

Venturi Partners unveils $225 mn fund for consumer brands in India, SE Asia

The second fund will target high-growth sectors such as retail, education, healthcare, and fast-moving consumer goods (FMCG)

HUL gets CCI approval to acquire Minimalist in Rs 2,670 crore deal

Hindustan Unilever Ltd (HUL), a leading FMCG player, owns more than 50 brands, including Lakme, Lux, Knorr, Kwality Wall's, and Surf Excel

Leo Puri to step down as independent director of HUL from June 2025

FMCG major HUL on Thursday said its independent director Leo Puri has resigned due to an increase in his board commitments including his proposed appointment on the board of a global entity. Puri's resignation will be effective from June 30, 2025, according to a regulatory filing from HUL. Leo Puri has tendered his resignation "due to an increase in his board commitments including his proposed appointment on the board of a global entity and the overboarding criteria for Independent Directors as prescribed under the European Corporate Governance requirements," it said. Consequent to his resignation from the Board, he shall also cease to be the Chairperson of the Risk Management Committee, ESG Committee and Independent Committee and a Member of the Audit Committee of the company, said HUL. Besides HUL, Puri is also on the board of pharma major Dr Reddy's Laboratories and Fortis Healthcare as an independent director. He is also the Chairperson of Fortis Healthcare. Puri was appointe

IPO-bound Rebel Foods in talks to bring more global brands to India

The company became the master franchisee of American fast food giant Wendy's in 2023. Since then, Rebel has scaled Wendy's to 200 stores, with the latest one opening in Gurugram on Wednesday

FMCG distributors file petition with CCI against Blinkit, Zepto, Instamart

Quick commerce companies are indulging in practices of deep discounts and exclusive supply/distribution agreements, thereby engaging in unfair pricing and affecting the competition, the petition said

Kandhari Global is open to buying out more bottling plants from HCCB

The company is currently in the process of acquiring HCCB's plant in Northern Gujarat, (Sanand) which is reportedly being bought out for around Rs 2,000 crore

Unilever CEO Hein Schumacher to step down, Fernando Fernandez to succeed

Hein Schumacher, who joined in July 2023, will step down as CEO in March and will leave the company on May 31

FMCG major Adani Wilmar changes name to AWL Agri Business Limited

The rebranding aims to align the company's identity with its core business activities and future growth prospects in the agri-business industry

J&J begins critical court hearing over $10 billion baby powder settlement

The judge will listen to supporters and opponents of J&J's bankruptcy proposal in a marathon court hearing that will last until the end of February