British FMCG major Reckitt's India business reported a "double-digit growth" in the first quarter of 2026, led by a strong growth of its key brands, such as Dettol, Durex and expansion in the coverage area. In India, two of Reckitt's brands, Dettol in the Germ Protection segment and Durex in Intimate Wellness, reported double-digit growth in the quarter. While at the group level, the net revenue of Reckitt, which owns power brands such as Dettol, Lysol, Mucinex, Finish, and Durex, was at 3.24 billion pounds, with a LFL growth of 0.6 per cent in Q1 of 2026. Its volume growth was 2 per cent. The quarter has been impacted by low seasonal incidence, weak categories in Europe and geopolitical disruption, according to an earnings statement from the company. However, its 'Core Reckitt', which houses its 11 "Powerbrands", reported a net revenue growth of 1.3 per cent in the first quarter, helped by emerging markets. This growth in Core Reckitt was "led by Emerging Markets, with double-dig
Reckitt said it will retain a 30 per cent stake in the business, whose brands include Air Wick air fresheners and Cillit Bang cleaners
Goldman Sachs Group Inc. is helping Reckitt on evaluating options for its formula brand Mead Johnson, including a potential sale, according to the people
Some investors criticised the company's "vague" outlook for this year, as Reckitt shares slumped to their lowest point since March 2020, early in the COVID-19 pandemic
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Narasimhan holds a degree in mechanical engineering from the College of Engineering, University of Pune, India
"The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said
Reckitt Benckiser said its Chief Executive Officer Laxman Narasimhan will step down at the end of September after three years in the role.
The company has benefitted during the pandemic from people buying more cleaning products, besides cold and flu remedies like Lemsip and Strepsils
Sales of key health and hygiene products skyrocketed during the January-March quarter
The pandemic's arrival had provided the much-needed tailwind for Reckitt Benckiser in India
The British consumer goods company extends Lizol to new sub-categories and product formats, aligns the brand around emergent consumer needs
The company saw sales growth slowing to 1.8% in FY18
The CEO told Reuters that the Mead Johnson acquisition had already benefited Reckitt, although it has only just reversed several quarters of decline in that business
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