FMCG brand
FMCG
Nestle India to pay 4.5% royalty to parent firm after shareholders reject hike
PTI -
The shareholders rejected the proposal last month with 57.18% of the total votes against the ordinary resolution and 42.82% of the votes in favourNew Delhi: FMCG major Nestle India on Wednesday said it will continue to pay royalty to...
FMCG
Improving macro-indicators, good monsoon to drive consumer demand for FMCG products
PTI -
The industry expects a mid-to-high-single-digit growth in value/volume in the January-March period, along with a continuation of the gross margins expansion trend, helped by deflation in input costNew Delhi: Leading industry players expect improving macro-indicators and expectations of good...
FMCG
ITC becomes the second company after Amazon to use inland waterways
PTI -
ITC Limited joined hands with Inland Waterways Authority of India to ship FMCG products through inland waterways using National Waterway 1New Delhi: ITC has become the second company after Amazon to use inland waterways for commercial transport, an official...
FMCG
FMCG flavours: Better volumes, rural demand revival uptick and double-digit volume growth in 2024
PTI -
The industry players are also expecting expansion of their profit margins with softening of commodity inflation that would result in increased spending on branding, return of promotional schemes for consumers and increased dividend payout to their shareholders
New Delhi:Â From an...
FMCG
ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand
PTI -
Its foods business has a CAGR of 13 per cent over 10 years and 3-times growth in last 10 yearsNew Delhi: Diversified group ITC's FMCG business expanded at a compounded annual growth rate of 14 per cent in the...
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Honasa Consumer’s profit rises 93% to Rs 29.4 crore in September quarter
PTI -
Its revenue from operations was up 20.85 per cent to Rs 496.10 crore in the second quarter of this fiscal. It was at Rs 410.49 crore in the same period a year agoNew Delhi: Honasa Consumer Ltd, which owns...
FMCG
Dabur plans to open manufacturing unit in South India
PTI -
The company, having 13 manufacturing units across the country, is augmenting its capacity further to meet the demand and is diversifying its manufacturing activities by adding new linesNew Delhi: Leading FMCG and ayurvedic products maker Dabur is planning to...
FMCG
Good recovery in rural markets, hopeful to grow at par with urban in next 3-4 quarters: Dabur CEO
PTI -
The recovery from the rural market is likely to continue despite a disruption in rain in some parts of the country, led by factors such as hike in MSP, good sowing of winter crops, and election season
New Delhi: Home-grown...
FMCG
Marico net profit rises 17% to Rs 360 crore, revenue falls maginally to Rs 2,476 crore in Q2
PTI -
Total expenses of Marico, which owns brands like Saffola, Parachute, and Livon, stood at Rs 2,038 crore during the September quarter of the financial year 2023-24New Delhi: Home-grown FMCG major Marico Ltd on Monday reported a 17.26 per cent...
FMCG
Dabur scaling up Hajmola and Odomos to include them on its power brand list
PTI -
Dabur's FMCG portfolio currently includes nine distinct power brands; eight in India and one in the overseas markets, which together account for 70 per cent of its total sales
New Delhi: Home-grown FMCG major Dabur is scaling up its digestive...
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Swiggy IPO receives 35% subscription on day two of offer
The initial share sale received bids for 5,56,98,652 shares against 16,01,09,703 shares on offer, as per NSE data.New Delhi:...
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