FMCG
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Unilever to keep Russian ice cream assets despite demerger plans
Unilever reportedly plans to continue producing ice cream in Russia even after demerging the rest of the division from the business.In March, the FMCG...
Quick commerce grabs 35% share of FMCG online sales in FY24, doubling within a year
Major consumer goods companies like Hindustan Unilever (HUL), Dabur, Adani Wilmar, and Parle Products reported that the contribution of quick commerce to their overall...
FMCG companies to face muted demand in June quarter, recovery likely in H2
The demand for daily groceries, essentials, and household products is expected to be muted in the current quarter, according to global research firm Kantar....
Marico eyes strategic acquisitions to boost business in South Asian markets
Marico Ltd, a leading player in fast-moving consumer goods (FMCG), is actively exploring acquisitions in South Asia to bolster its growth strategy in the...
Adani Wilmar launches 100% first-pressed mustard oil ‘Fortune Pehli Dhaar’
Adani Wilmar (AWL), a prominent player in the food and FMCG industry and a key contender in India's edible oil market, has unveiled its...
Bajaj Consumer Care Q4 net profit slips 12% to INR 35.58 Crore
Bajaj Consumer Care Ltd, a fast-moving consumer goods (FMCG) company, has reported a 12 per cent decline in consolidated net profit to INR 35.58...
Analysts optimistic as FMCG shares surge up to 10%, hint at ‘start of a catch-up rally’
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...
Rural markets outpace urban consumption in FMCG growth for the first time in five quarters: NielsenIQ Report
In the January-March ’24 quarter, rural markets surpassed urban consumption in the growth of packaged consumer goods for the first time in five quarters,...
Marico sets sights on doubling foods portfolio by FY27
Marico Limited aims to double the size of its foods portfolio by FY27. Additionally, it anticipates that the domestic revenue share from both its...
FMCG firms eye volume growth rebound in FY25 with hopes pinned on lower inflation, favorable monsoon
After experiencing sluggish volume growth over the past two years, FMCG companies are now squarely focused on achieving volume growth recovery for FY25. They're...
FMCG giant Godrej Consumer Products reports INR 1,893 Crore net loss in Q4
Godrej Consumer Products (GCPL) recorded a consolidated net loss of INR 1,893 crore for the quarter ended March 31, 2024, compared to a net...
Marico’s consolidated PAT surges 5% YoY to INR 320 Crore in Q4 FY24
Marico, a leading player in the FMCG sector, has reported a 5% year-on-year (YoY) jump in its March quarter consolidated net profit at INR...
