FMCG
Breaking News
FMCG giant Adani Wilmar reports net loss of INR 78.92 Crore in Q1 FY24
Adani Wilmar, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, has announced a combined deficit of INR 78.92 crore for the initial...
Marico’s Q1 FY24 net profit surges 15.6% to INR 436 Crore, despite minor dip in total income
According to a BSE filing, Marico, a leading FMCG company, recorded a significant increase in its consolidated net profit for the first quarter ending...
Nestle India posts impressive 37% YoY increase in net profit for Q2 2023, records robust sales growth across product groups
Nestle India, a leading fast-moving consumer goods (FMCG) company, announced its financial results for the quarter ended June 2023. The company's net profit for...
Parle retains top spot as India’s leading FMCG brand, Britannia dominates out-of-home consumption: Brand Footprint 2023 Report
Parle, the beloved biscuit brand owned by Parle Products, has once again reaffirmed its status as India's top FMCG brand. According to the latest...
FMCG giant Marico makes significant move, acquires 58% stake in D2C nutrition brand Plix for INR 369 Cr
Marico, a leading FMCG major, made an announcement on Wednesday, July 26, stating that it has reached a definitive agreement to acquire a significant...
Skippi launches indulgent and healthy cornsticks to enhance snacking experience
After achieving remarkable success in crafting India's finest ice-pops, Skippi has ventured into the retail industry, presenting a captivating array of fast-moving consumer goods...
Fast-growing D2C FMCG startup Mitra targets INR 34 Crore GMV by FY 2023-24; eyes expansion into new markets and international territories
Mitra, a direct-to-consumer (D2C) FMCG startup, has set its sights on an impressive target. Founder and CEO, Abhishek Kaushik, envisions Mitra achieving a gross...
Hindustan Coca-Cola Beverages and Telangana govt renew MoU to enhance skills of 10,000 college students
Hindustan Coca-Cola Beverages (HCCB), a renowned FMCG company, has reaffirmed its commitment to advancing state education through an extended collaboration. Today, HCCB announced the...
Marico projects strong expansion for food business, targets INR 850 Crore in FY24
Marico, one of the leading home-grown fast-moving consumer goods (FMCG) firms, reveals in its latest annual report an ambitious projection for its food business....
Patanjali Ayurved to divest 7% stake in Patanjali Foods to boost public float and meet listing requirements
In an effort to meet listing requirements and increase public float, Patanjali Ayurved Ltd, led by Baba Ramdev, intends to sell up to 2.53...
ITC’s FMCG business witnesses remarkable 21% increase in annual consumer spending, reaching INR 29,000 Crore in FY22-23
According to ITC's latest annual report, the FMCG business of the diversified conglomerate has experienced a notable 21 percent increase in annual consumer spending,...
Sanjiv Puri to continue as Chairman and Managing Director of ITC, board recommends five-year extension
According to its annual report for FY23, leading conglomerate ITC has put forth a recommendation to reappoint Sanjiv Puri as Chairman and Managing Director....