Sunday, December 22, 2024

Marico

Quick-commerce giants grab 30-50% of FMCG sales, kirana stores witness slowdown

In the last quarter of 2023, around 12 million local grocery stores in India observed a significant slowdown in sales. Meanwhile, quick-commerce companies not...

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 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...

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...

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