Godrej Consumer Products
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Godrej Consumer stock plunges 9%
PTI -
The BSE FMCG Index slumped 408.75 points or 1.93%New Delhi: Shares of Godrej Consumer Products plunged 9% on Monday after the FMCG company reported a weak mid-quarter business update, highlighting demand headwinds.The scrip of the company declined 8.72% to...
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Godrej Consumer expects double-digit volume growth in domestic market in June quarter
PTI -
While in Indonesia, which is GCPL’s second largest market, its business continues to deliver strong performance with high-single digit volume growth and double-digit constant currency sales growthNew Delhi: Operating conditions in India continued to remain soft in the June...
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Honasa Consumer plans to raise Rs 400cr from IPO
PTI -
Honasa will spend the proceeds on offline expansion, bringing more brands to the market and on acquisitionsNew Delhi:Â IPO-bound Honasa Consumer Ltd, which owns new age FMCG brands such as Mamaearth and The Derma Co, expects to raise Rs 400...
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FMCG makers expect sustained recovery in volume and margins with price reduction in FY24
PTI -
FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressuresNew Delhi:Â Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...
Big Grid
Godrej to acquire Raymond’s consumer business
PTI -
As part of the deal, FMCG major Godrej Consumer Products Ltd (GCPL) will acquire brands including Park Avenue and KamaSutra from Raymond
New Delhi: FMCG Godrej Consumer Products Ltd (GCPL) is going to acquire the FMCG business from the diversified group Raymond,...
Big Grid
FMCG firms apply 2020 pandemic learnings for minimal disruption
Amid surging COVID-19 cases in the country, FMCG companies say they are applying learnings from the last year when nationwide and several localised lockdowns impacted their manufacturing and supply chain, to mitigate impact of any future disruption. Emami Ltd Director Harsha V Agarwal said based...
Food
GCPL aims Protekt to be Rs 500 cr brand in next 3 yrs
FMCG firm Godrej Consumer Products expects its hygiene brand Protekt to be a Rs 500-crore brand in the next three years, as the company is expanding its product range in the segment, a company official has said.
According to GCPL,...
Food
ITC, Godrej, Dabur, Emami report robust sales in rural areas
Leading FMCG players such as ITC, Godrej, Dabur, Emami and Marico are witnessing robust sales in rural and semi-urban markets, bolstering hopes of a speedy recovery from the impact of the COVID-19 crisis.
According to a PTI report: Interestingly, the...
Food
Forecast 2020: Godrej Consumer Products expects gradual improvement in demand in upcoming quarters
Godrej Consumer Products on Monday said demand in the third quarter for this fiscal continued to be challenging, impacted by a general consumption slowdown, stressing that it expects gradual improvement in consumer demand in the upcoming quarters.
“During the quarter...
Food
Godrej Consumer Products Q3 net profit falls 1.4 pc to Rs 423 crore
Godrej Consumer Products (GCPL) Tuesday reported a 1.4 percent dip in consolidated net profit to Rs 423.52 crore in the third quarter ended December 2018. The company had recorded a profit of Rs 429.87 crore in the same quarter...
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Digital Icon : Rakesh Bali
Rakesh Bali is at the helm of brand marketing, communications, events, and sustainability-related marcom initiatives for the petrochemicals segment...
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