FMCG
Breaking News
Intense competition dents profits: Gillette India’s Q3 earnings dip by nearly 4%
Gillette India saw a nearly 4% decline in third-quarter profits due to intense competition in the domestic market, which subdued demand.Gillette India, renowned for...
Premiumization and cost cuts boost margins for HUL, Tata Consumer, and Nestle India in Q1
Amidst the heightened regulatory scrutiny surrounding processed foods, Hindustan Unilever (HUL), Tata Consumer Products (TCPL), and Nestle India have released their March quarter results....
Hindustan Unilever shifts focus to bigger brands in pursuit of volume growth
FMCG giant Hindustan Unilever's managing director, Rohit Jawa, stated that he is neither satisfied with the company's volume growth nor believes the company has...
Patanjali Foods mulls acquisition of Patanjali Ayurved’s non-food business to boost product portfolio
Patanjali Foods Ltd, which is mainly into edible oils, said that it will evaluate a proposal to acquire the non-food business of promoter group...
Nestle India’s Q4 net profit jumps 27% to INR 934 Crore amid strong sales growth
Nestle India, a major FMCG company, reported a 27% increase in net profit to INR 934 crore for the fourth quarter ended March 31,...
Nestle raises concerns over surging coffee and cocoa prices, expects milk prices to follow suit
Nestle, the largest packaged food company globally, stated that commodity prices are encountering unparalleled challenges in both coffee and cocoa, with prices reaching all-time...
HUL expects surge in FMCG demand, rules out short-term price hike
Hindustan Unilever (HUL), a prominent FMCG manufacturer, anticipates a gradual increase in overall demand without any imminent price hikes in the near future, according...
Hindustan Unilever’s net profit dips 1.53% to INR 2,561 Crore in Q4 FY24
FMCG giant Hindustan Unilever Ltd (HUL) has reported a 1.53% decline in consolidated net profit to INR 2,561 crore for the fourth quarter ending...
Honasa Consumer’s skincare brand The Derma Co hits INR 500 Cr ARR milestone
The Derma Co, a skincare brand under the umbrella of Honasa Consumer, the parent company of Mamaearth, reached an annual revenue rate of INR...
Retail sector sees 8% growth in March 2024
Retail sales in March 2024 saw an 8% growth compared to the sales levels in March 2023, according to the survey by Retailers Association...
Hygiene and wellness brand Pee Safe surpasses INR 100 Crore revenue mark with over 50% sales growth in FY23-24
Hygiene and wellness brand Pee Safe has reported a sales growth of over 50% during FY23-24, propelling them past the INR 100 crore revenue...
D2C brands shell out 30-45% commission for quick-commerce platform listings
With the surge in demand for quick-commerce platforms, niche D2C companies operating in sectors such as fast-moving consumer goods, beauty and personal care, and...