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Mondelez India FY24 net profit up 72% to Rs 2,020.8 cr

The company reported a profit of Rs 1,175.93 crore in FY23New Delhi: Confectionary major Mondelez India Foods Pvt Ltd posted a 71.85 per cent increase in profit at Rs 2,020.87 crore in FY24, according to the RoC filing from...

Amul to enter Europe by end of this month: MD

The company will launch the products in Spain first and then look at expanding to other countries in EuropeNew Delhi: Amul will enter the European market by the end of this month after launching its products in the US,...

Rural consumption grows double than urban market in Sep qtr: Report

The Indian FMCG industry witnessed a 5.7 per cent value-based growth and 4.1 per cent volume growth on a 1.5 per cent price growth in the July-September quarterNew Delhi: Urban and rural markets have shown a sequential recovery in...

FMCG firms worry over high inflation, squeezing urban market; hint price hike

Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike.New Delhi: Leading FMCG companies reported a decline in margins in the September quarter because...

Dabur to acquire ayurvedic product maker Sesa Care for Rs 315-325 cr

New acquisition will help Dabur to expand in the Rs 900 crore ayurvedic hair oil marketNew Delhi: Home-grown FMCG and Ayurvedic products maker Dabur on Wednesday announced the acquisition of Sesa Care, engaged in the Ayurvedic personal care and...

IRHPL unveils travel convenience stores Neo Travel at Hyderabad Airport

Covering over 1,000 sq. ft., Neo Travel provides a selection of healthy snacks, wellness items, and travel essentials. New Delhi: India Retails & Hospitality Private Limited (IRHPL) has launched Neo Travel, a convenience store at Hyderabad International Airport, a release by...

FSSAI is now more pro-active, industry-centred with fast responses: Nestle

With the setting of more NABL-accredited laboratories by different leaders of FSSAI, the credibility of the testing process has also increased, said said Nestle India Chairman and Managing Director Suresh Narayanan.Samalkha: There has been a dramatic change in the...

Colgate-Palmolive India Q2 profit rises 16% to Rs 395 cr; sales up 10% to Rs 1,609 cr

The oral hygiene product maker had posted a net profit of Rs 340.05 crore in the July-September quarter a year agoNew Delhi: FMCG major Colgate-Palmolive India Ltd on Thursday reported an increase of 16.17 per cent in its net...

DS Group opens 3rd Laderach store in Delhi’s Chanakya Mall

Laderach continues to strengthen its presence in India with this launch New Delhi: FMCG conglomerate DS Group has launched its third Läderach store in New Delhi, situated in the Chanakya Mall, a release said on Thursday. This store brings the Swiss luxury...

HUL to separate ice cream business, does independent valuation

The ice cream business, which contributes 3 per cent to HUL’s turnover, has a different operating model, including cold chain infrastructure, and a distinct channel landscape, which limits synergies with other businesses of the companyNew Delhi: Hindustan Unilever Ltd...

Kerala’s popular coconut products brand KLF Nirmal targets 300cr by FY26

The company is looking to broaden its value-added product offerings by launching new coconut-based categories, such as instant food items, fragrances, and personal care productsBengaluru: Kerala-based 80-year-old legacy brand KLF Nirmal is a trusted name for coconut oil and coconut-based...

FMCG sector facing sluggish demand, F&B growth declines to 1.5-2%: Nestle India CMD

This decline is due to a combination of factors, including food inflation, the outgoing Nestle CMD said at a media roundtable here.New Delhi: The FMCG sector is facing sluggish demand with the growth in F&B declining to 1.5-2% as...

Higher margin to retailer & aggressive pricing by Reliance’s Campa disrupted beverage market: TCPL

Reliance Retails Campa Cola has disrupted the beverage market with its Rs 10 pack in PET bottle, forcing the rival beverage makers to reduce their prices to retain their market share and continue their growth.New Delhi: An aggressive pricing...

Varun Beverages to raise Rs 7,500 cr to fund expansion plans

The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of equity shareholders of the company" through postal ballot, it added.New Delhi: Varun Beverages, the leading bottler of beverage major PepsiCo,...

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La Pink signs Parineeti Chopra as first brand ambassador

Launched in 2023 with an initial portfolio of 17 products, La Pink has expanded to include over 60 customer-centric...
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