FMCG
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Reliance Retail expands Smart Bazaar stores to small towns, targets growing demand
Reliance Retail is expanding its Smart Bazaar stores into towns with populations of up to 50,000 to cater to the increasing demand.According to Damodar...
Dabur reports 5% increase in net profit and 7% revenue growth for Q2 2023, announces INR 2.75 dividend per share
On Thursday, Dabur Ltd, an FMCG company, announced a net profit of INR 515 crore for the quarter ending in September 2023, reflecting a...
Over 80% of Indian retailers don’t perceive e-commerce as a threat to business: Report
According to a study, the majority of Indian retailers who were surveyed do not perceive e-commerce as a threat to their business operations. Only...
Spice tech firm Growcoms raises $3.5 Million in funding led by JSW Ventures and Arali Ventures
Spice tech firm Growcoms has just secured $3.5 million in a new funding round, with co-leadership from JSW Ventures and Arali Ventures, and the...
Adani Wilmar Limited surges with 18% year-on-year volume growth in H1 2024, eyes expansion in food business
Adani Wilmar Limited delivered a strong performance in the recent quarter, showcasing an impressive 18 percent year-on-year volume growth in the first half of...
Amidst global volatility, Britannia Industries revamps strategy focusing on urban markets
Britannia Industries, a leading player in the FMCG sector, has expressed apprehensions about evident indications of a slowdown in the rural economy. During its...
FMCG sector shows positive shift: Kantar reports 7.2% year-on-year growth in Q3, rural markets gain momentum
According to Kantar, a prominent global research firm, there are signs of a positive shift in the fast-moving consumer goods (FMCG) sector. This comes...
Godrej Consumer Products achieves strong Q2 growth with 6% revenue increase and INR 433 Crore net profit surge
FMCG giant Godrej Consumer Products announced a consolidated revenue of INR 3,601 crore for the quarter ending on September 30, 2023, as compared to...
Tata Consumer Products announces merger of wholly-owned subsidiaries, strengthening its FMCG portfolio
On Tuesday, Tata Consumer Products Limited (TCPL), a prominent player in the FMCG sector, announced that its board of directors has granted approval for...
Marico records strong 17.2% surge in Q2 FY24 net profit, reaching INR 360 Crore
FMCG giant Marico announced a 17.2 percent increase in its consolidated net profit for the second quarter (Q2) ending on September 30, 2023. The...
P&G Hygiene and Health reports 36% quarterly profit surge, reaches INR 210.69 Crore
FMCG products maker Procter & Gamble Hygiene and Health Care Ltd posted a remarkable 36.44% increase in its post-tax profit, reaching INR 210.69 crore...
Raymond-Godrej FMCG deal faces DGGI scrutiny over GST implications
The Directorate General of GST Intelligence (DGGI) is currently investigating a recent transaction where Raymond transferred its consumer goods division to a unit under...