FMCG
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WickedGud aims for INR 700 Crore net revenue and INR 100 Crore EBITDA in 7-year plan amid rising demand for health-conscious D2C snacks
WickedGud, a direct-to-consumer (D2C) startup specializing in food and snacks, has announced its ambitious goal of achieving a net revenue of INR 700 crore,...
ITC posts strong Q1 FY24 results, notches 16% rise in net profit at INR 5,180.12 Crore
On Monday, ITC, a conglomerate involved in both cigarettes and hotels, announced a 16 percent increase in its combined net profit. The figures show...
FMCG industry records 12.2% value growth during June quarter, highest in 8 quarters
Fueled by a remarkable 7.5% surge in consumption growth, the FMCG sector experienced a substantial 12.2% increase in value during the June quarter, marking...
Patanjali Foods Q1 performance: Net profit drops 64% YoY to INR 878 Crore, sales show 8% growth
Patanjali Foods on Friday experienced a nearly 64% year-on-year (YoY) dip in net profit for the quarter ending in June 2023, totaling INR 878...
FMCG companies restore product weight in response to stabilized ingredient costs and reduced packaging expenses
Don't be surprised if you notice a slight increase in the weight of your snack packs, soap bars, and toothpaste tubes. Last year, in...
ITC bets big on FMCG for growth: Annual consumer spend of INR 29,000 Crore showcases potential
On Friday, ITC Limited, a diversified conglomerate, announced that its FMCG business holds significant growth potential, boasting brands that drive an annual consumer expenditure...
India’s FMCG sector achieves remarkable 7.5% volume growth in Q2 2023, value soars by 12.2%: NielsenIQ Report
India’s fast-moving consumer goods (FMCG) sector achieved a 7.5% growth by volumes in the April-June 2023 quarter, as highlighted in the latest quarterly report...
99 Pancakes joins forces with Amazon to bring unique snack delights to customers nationwide
99 Pancakes has partnered with Amazon to offer its unique FMCG products in the snack category, including Brownie Brittles, Chocolate Bars, and Almond Waffle...
Resilient local competitors chip away market share from big brands in India’s FMCG landscape
Companies like Hindustan Unilever, Britannia, Parle, and Marico have observed a shift in their market dynamics. Smaller players are progressively encroaching upon their market...
ADF Foods Q1 net profit skyrockets by 93% to INR 14.7 Crore, fueled by strong revenue growth
FMCG company ADF Foods Ltd announced on Tuesday a remarkable 93 percent surge in its consolidated profit after tax (PAT) for the June quarter,...
Essential items witness unprecedented demand, surpassing decade-high levels
In the April-June quarter, there was a notable 8.5% year-on-year increase in purchases of daily groceries and essential items, marking the highest growth in...
FMCG industry sees optimistic signs of recovery in rural markets as inflation eases
The FMCG sector experienced a boost in rural volume growth during the June quarter due to a reduction in inflationary pressures. As a result,...