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FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter

Rural demand continues to see gradual but slight green shoots as real rural wages remain mutedNew Delhi: Fast-moving consumer goods companies expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by...

‘Empowering the Essentials: A Deep Dive into India’s FMCG Workforce’ by TeamLease

The report provides an in-depth analysis of the current state of the FMCG sector in India and highlights future trends, focusing on the sector’s workforce dynamics ‘Empowering the Essentials: A Deep Dive into India’s FMCG Workforce’ report by recruitment and...

FMCG companies expect volume growth in FY25 with improvement in revenue

HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...

Improving macro-indicators, good monsoon to drive consumer demand for FMCG products

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...

ITC Q3 net profit rises 6.5% to Rs 5,400.52 crore

Its gross revenue from sales rose 2.3 per cent to Rs 19,337.84 crore during the quarter under reviewNew Delhi: Diversified entity ITC Ltd on Monday reported a 6.51 per cent rise in consolidated net profit to Rs 5,400.51 crore...

FMCG flavours: Better volumes, rural demand revival uptick and double-digit volume growth in 2024

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: From an...

ITC’s FMCG biz grows at 14% CAGR in last 3 years, Aashirvaad becomes Rs 8,000 crore brand

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...

Rural recovery for FMCG companies takes a pause amid food inflation, uneven rains

FMCG makers like HUL, ITC and Nestle have expressed concerns over uneven rains, the impact of crop output and rising prices of some commodities such as wheat, maida, sugar, potato, coffee, etc New Delhi: The FMCG industry has witnessed a...

Nestle India enters into millets-based Ready-to-Make category

The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up New Delhi: FMCG maker Nestle India has entered into the...

ITC Sunfeast Baked Creations pays tribute to Chandrayaan 3 mission with a special dessert

Called Lunar Dulce de Leche Choux Bun by ITC Sunfeast Baked Creations, the dessert features a velvety white rocher glazed choux bun resembling the moon and is adorned with a chocolate replica of the Chandrayaan 3 rover New Delhi: Paying tribute to the...
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Swiggy announces 5th ESOP liquidity programme worth $65 million

So far, the company has cumulatively enabled over Rs 1,000 crore of ESOPs liquidity over the five events, benefitting...
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