Marico
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FMCG firms maintain steady growth with single-digit volume increase and improved margins in December quarter
During the December quarter, Fast-moving consumer goods (FMCG) firms experienced single-digit volume growth and enhanced margins across various segments. This positive trend was facilitated...
Interim Budget 2024 sets the tone for inclusive development, FMCG executives optimistic
Executives representing leading FMCG companies have praised the Interim Budget 2024, displaying confidence in the government's commitment to fostering inclusive and sustainable growth for...
Marico’s digital-first brands on track to achieve ‘meaningful profitability’ by 2027, CEO Saugata Gupta sets ambitious goal
Marico Ltd. is set to achieve "meaningful profitability" in its portfolio of digital-first brands within the next three years, according to Saugata Gupta, the...
Marico reports a 16% surge in net profit, reaching INR 386 Crore in Q3 FY24
Marico Limited, a leading name in the Fast-Moving Consumer Goods (FMCG) industry, reported a robust financial performance on Monday. The company posted a notable...
Consumer goods companies ramp up advertising and promotional efforts, capitalizing on improved margins and market opportunities
Consumer goods companies are intensifying their advertising and promotional spending in the next few quarters, aided by the improvement in gross margins over the...
Major consumer goods companies overhaul distribution strategies to revitalize rural markets and boost sales amidst sluggish demand
About a dozen major consumer goods companies, such as Hindustan Unilever, Marico, Parle, Nestle, and Dabur, are restructuring their distribution strategies as part of...
Marico reports dip in Q3 revenue amid weakened rural demand, but sees double-digit profit growth
Marico, the consumer products maker, reported on Friday that its consolidated third-quarter revenue dipped in the low single digits due to weakened rural demand....
Indian FMCG sector eyes robust growth in 2024 amidst favorable market conditions
From a rise in rural demand to increased volumes and favourable commodity prices, the FMCG industry in the country is optimistic about various factors...
Consumer goods companies adjust projections, expect demand recovery in FY25
Consumer goods companies have revised their initial projections, now anticipating a recovery in demand only during the first quarter of FY25. This marks a...
Eyeing revival, FMCG companies turn focus back to kirana stores
Sales of fast-moving consumer goods in kirana stores or traditional shops have decelerated, according to chief executives of companies like Marico, Dabur, Emami, and...
‘Healthier’ options account for only 24% of packaged food sales in India, indicates latest ATNI Report
A report from the Access to Nutrition Initiative (ATNI) indicates that merely 24% of sales for major packaged food companies in India come from...
Saffola Soya Ad Faces Restraining Order Post Emami Agrotech’s Petition!
A district court has issued a temporary restraining order on a Saffola Soya advertisement in response to a petition filed by Emami Agrotech, a...