FMCG
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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,...
Britannia Industries reports strong Q1 FY24 performance, net profit surges 35.65% to INR 455.45 Crore
In the first quarter of FY24, Britannia Industries recorded a consolidated net profit of INR 455.45 crore, marking a notable 35.65 percent surge compared...
FMCG giant DS Group appoints Jyotiroop Barua to lead confectionery business
DS Group, the FMCG conglomerate, has appointed Jyotiroop Barua as the business head of Dharampal Satyapal Foods, its confectionery business, according to a press...
FMCG sales soar as retailers stock up for upcoming festive season
In July, sales of daily essentials and groceries exhibited a sequential recovery from June as retailers replenished their stocks in preparation for Independence Day...