Friday, November 8, 2024

Emami

Emami revenue grows by 3%, reports strong quarter

FMCG
Emami Limited's Board reviewed its financial results for the quarter ending September 30, 2024. Despite India's retail challenges, Emami's revenue grew 3% to INR 891 crore, with domestic sales up 2.6%. EBITDA at 7%, PAT to INR...

FMCG giant Emami expects 4-5x growth in quick commerce sales over next two years

FMCG
Emami, the home-grown FMCG giant, expects a four to five-fold increase in sales via quick commerce channels over the next two years, according to Vice Chairman & MD Harsha V Agarwal. Additionally,͏͏ the͏͏ company͏͏ is͏͏ exploring͏͏...

Ayushmann Khurrana exits D2C brand The Man Company with 400% return

D2C
Bollywood actor Ayushmann Khurrana has secured a 400% return on his angel investment in The Man Company, a prominent men's grooming brand in India....

Emami acquires remaining 49.6% stake in Helios Lifestyle for INR 177.63 Cr

Industry
Emami Ltd has signed a binding agreement with Helios Lifestyle to acquire the remaining 49.6% stake, making it a wholly-owned subsidiary. Emami will pay...

FMCG companies expect volume growth to sustain amid rising rural demand

News
FMCG companies anticipate continued volume growth in the coming quarters, driven by demand recovery in rural areas and a favourable monsoon, despite rising food...

Emami’s Q4 profits rise by 3.6%, revenue surges 6.6% to INR 891.24 Cr

News
Emami Ltd, a leading FMCG company, has reported a 3.62% increase in its Profit After Tax (PAT) to INR 146.75 crore for the fourth...

Analysts optimistic as FMCG shares surge up to 10%, hint at ‘start of a catch-up rally’

News
The recent surge in shares of fast-moving consumer goods (FMCG) companies could mark the onset of sector outperformance over the next few months, experts...

India’s beverage market bubbling with natural ready-to-drink punch and mocktails as health and convenience take center stage

News
Driven by a trend towards healthier options and convenience, ready-to-drink punch and mocktail brands, boasting 'natural' ingredients ranging from fruits and roots to herbs...

Reliance Industries’ FMCG arm rakes in INR 3,000 Crore in FY24; Campa Cola a key contributor

News
Reliance Industries' FMCG division achieved INR 3,000 crore in sales during FY24, its first full year of operations, according to a senior industry executive...

FMCG sector embraces digital advertising: 47% ad spend directed towards digital platforms in 2023

News
Following the pandemic-induced surge in e-commerce, the momentum of business digitalization continues to grow. Companies are increasingly utilizing digital tools to streamline operations, understand...

Rising inflation and shifting consumer preferences drive major brands to prioritize premium products over mass market offerings

News
The allure of the 'bottom of the pyramid' appears to be waning for major consumer goods manufacturers. Over the past two years, they've introduced...

FMCG giants boost advertising spend, surpass pre-Covid levels amid economic boom

News
In the December quarter, advertising expenses as a proportion of sales at leading fast-moving consumer goods (FMCG) companies exceeded pre-Covid levels for the first...

FMCG companies eye price-led growth with planned hikes in consumer goods

News
Following a notable decrease in input material costs last year and subsequent price reductions affecting the value growth rate of the fast-moving consumer goods...

Quick-commerce giants grab 30-50% of FMCG sales, kirana stores witness slowdown

News
In the last quarter of 2023, around 12 million local grocery stores in India observed a significant slowdown in sales. Meanwhile, quick-commerce companies not...
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