Sudhir Sitapati
Raymond's consumer care business reported an 18% decline in sales under͏ ͏its͏ new͏ owner, Godrej Consumer Products (GCLP), which acquired the company last͏ year.In its rece͏nt ͏annual ͏report, GCPL dis͏closed that the͏ company, known for brands...
Following a notable decrease in input material costs last year and subsequent price reductions affecting the value growth rate of the fast-moving consumer goods (FMCG) industry, consumer goods manufacturers have indicated a "moderate increase" of 2-4%...
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FMCG market growth set to rebound next fiscal year, says Godrej Consumer Products CEO
The FMCG market growth rate is expected to improve next fiscal year, according to Sudhir Sitapati, Managing Director and Chief Executive Officer of Godrej...
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...
Godrej Consumer Products reports 6% YoY rise in Q3 consolidated net profit to INR 581 Crore
In the December quarter, Godrej Consumer Products witnessed a 6% year-on-year (YoY) increase in its consolidated net profit, reaching INR 581 crore, compared to...
FMCG companies bet on Price-Point Packs to tap rapid growth in rural India
Price-Point Packs (PPP) remain a key driver of growth in the fast-moving consumer goods (FMCG) sector. Companies anticipate a surge in demand from rural...
Godrej Consumer Products to raise INR 5,000 crore via NCDs; board to consider proposal for fundraising
Godrej Consumer Products Ltd (GCPL) on Tuesday announced its plan to raise INR 5,000 crore from the market by issuing Non-Convertible Debentures (NCDs).According to...