FMCG

Noting that modern trade and quick-commerce channels are thriving, offering new growth avenues, he said insurgent brands are capturing significant growth by winning the hearts of underserved customers

Godrej Consumer believes that due to an increase in soap prices, unseasonal rainfall, and slowdown in sales of its home insecticides (HI) segment a 'flattish' underlying volume growth

Milk and milk products were the biggest contributors to the company's revenue, with a share of 72.47 per cent

AICPDF says qcomm firms' deep discounting, predatory pricing put small retailers and distributors under immense pressure

Parle Agro, which operates in the beverage market with brands such as Frooti, Appy, SMOODH and Bailley, has reported a 12.3 per cent decline in its consolidated revenue to Rs 3,126.06 crore for FY24, according to an RoC filing from the company. Its total profit plummeted 89.1 per cent to Rs 17.29 crore for the financial year ended on March 31, 2024, according to financial data accessed through the business intelligence platform Tofler. Parle Agro Pvt Ltd, an unlisted entity which operates in the Indian beverage industry, posted revenue from operations of Rs 3,565.96 crore and a profit of Rs 158.78 crore in FY23. The total consolidated income of Prakash J Chauhan-led Parle Agro was 12.15 per cent lower at Rs 3,209.43 crore in FY24. The same stood at Rs 3,653.48 crore in FY23. Its revenue from domestic sales was Rs 3,061.10 crore and exports at Rs 26.81 crore in FY24. The company's 'advertising promotional expenses' were 17.7 per cent higher at Rs 278.38 crore in FY24 compared to Rs

Urban demand grew by 2.8 per cent, while rural demand increased by 6 per cent, up from 5.2 per cent in the April-June quarter

The company reported a 9.6 per cent decline in net profit, which stood at Rs 531.5 crore in the July-September quarter compared to the same period last year

The Kantar and GroupM study highlights a nearly 60 per cent growth in the average FMCG basket size for rural consumers, increasing from 5.8 in 2022 to 9.3 in 2024

The biscuit major's profit before interest, tax, and depreciation was down 10.6 per cent at Rs 825.9 crore

Rural volume growth 'surpasses' urban markets for the third straight quarter, according to consumer intelligence firm

The inflation rate stood at 4.6 per cent in the first half of FY25, down from 5.5 per cent during the same period last year

FMCG major Colgate-Palmolive India Ltd on Thursday reported an increase of 16.17 per cent in its net profit at Rs 395.05 crore in the quarter ended September 2024, led by a broad-based growth across portfolios. The oral hygiene product maker had posted a net profit of Rs 340.05 crore in the July-September quarter a year ago, according to a regulatory filing by Colgate-Palmolive India Ltd (CPIL). Its sales were up 10.04 per cent to Rs 1,609.21 crore during the quarter under review. It was at Rs 1,462.38 crore in the corresponding period a year ago. Total expenses of CPIL in the latest September quarter were up 13.6 per cent year on year to Rs 1,695.09 crore. The company's total income, including other income, was Rs 1,164.64 crore, up 12.60 per cent annually. The profit growth of 16 per cent in Q2 FY25 also "includes one-off credit related to interest on income tax refunds received during the quarter", said CPIL in its earnings statement "Advertising spend increased by 17.8 per ce

The FMCG major's revenue increased by 1.9 per cent year-on-year (Y-o-Y) to Rs 15,926 crore

Rising food inflation leading to sluggish FMCG demand

One of the drivers that automatically fuels growth is that India remains one of the fastest growing retail markets and is poised to become the third-largest by 2030

FMCG companies: RBI Governor Shaktikanta Das pointed out that core inflation, which excludes food and fuel prices, was on an uptrend in July and August

Rural may outpace urban; rain plays spoilsport for out-of-home consumption, beverages: Analysts

GCPL said it expects a "flattish" earnings growth in the domestic market in the September quarter as higher palm oil prices added to input costs

India emerging as destination with most evolved supply chain know-how, says CEO