Fmcg Companies

Dabur expects muted revenue growth in Q3; Marico upbeat on top line growth

The maker of Hajmola candy and Real fruit juice said rural consumption continued to be resilient and grow faster than urban in the third quarter

FMCG major Marico likely to outperform peers in H2FY25 on brands' growth

Nuvama Research is bullish on the company and expects growth to improve to double digits in H2FY25 as compared to 8 per cent growth in Q2

India's consumption conundrum: How not to talk about it in the year 2025

Conflicting data, fragmented markets, and outdated metrics: Here's why reframing the narrative on India's consumption is essential to address the diverse realities of 2025

India's consumption slowdown: A temporary dip or deeper concern?

Stagnating wages, derivative losses, and rising debt burdens-India's consumption story grapples with multiple challenges

FMCG industry expects consumption revival in 2025 after a challenging year

The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss. The makers also expect a shot in the arm in the upcoming annual budget, which would help the stressed middle-income group and stimulate consumption, besides a good monsoon and continued rejuvenation of the rural market. A resurgence of high food inflation once again in 2024 disrupted consumption patterns, particularly among mass-segment consumers, said Emami Vice Chairman & MD Harsha V Agarwal, adding elevated food inflation continues ..

FMCGs need volume growth, distribution innovation: Pidilite's Bharat Puri

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

Dabur faces Rs 4.42 cr customs penalty, vows to contest in appellate court

Dabur India faces a Rs 4.42 crore tax demand from Customs for IGST on imports from 2019-2024; the FMCG firm plans to appeal, citing strong merits for a favourable outcome

Reliance's FMCG arm bets on higher margins, cheaper pricing to gain ground

Reliance Consumer Products disrupts FMCG market by offering its distributors 6-8 per cent margins - double the industry average - while pricing products 20-40% lower than competitors, to drive growth

Food inflation to recede, expect double-digit revenue growth in H2: Marico

FMCG major Marico is looking for double-digit growth in the second half of FY25 and expects the prevailing high food inflation to moderate in the next two quarters, which will help revive urban consumption, its MD & CEO Saugata Gupta said. The company, which has already gone for a price hike for its Saffola range, expects a similar action from other FMCG players as prices of raw materials such as coffee, cocoa, and palm oil have gone up. "In the sector, there will be some price increases. If you look at some other input costs for other players, there has been a globally significant increase in the prices of coffee, and cocoa, So there is a little bit of inflation situation and now you are seeing a significant increase in palm oil prices. "So across the sector, there will be some price increase," Gupta told PTI. However, he also pointed out that most of the big-scale FMCG manufacturers would try to absorb a portion of the increase in the commodity prices through various cost ...

P&G Home FY24 results: Net profit jumps 37% to Rs 573.6 cr, revenue up 5%

Procter & Gamble Home Products Ltd has reported a 36.8 per cent increase in its net profit at Rs 573.6 crore and a 4.8 per cent rise in revenue from operations at Rs 8,756.8 crore during FY24, according to the company's filing to RoC (Registrar of Companies). The FMCG major's total income, which also includes other income, was up 11.2 per cent to Rs 9,413.02 crore during the financial year ending March 2024, according to the financial data accessed through business intelligence platform Tofler. In FY23, Procter & Gamble Home Products Ltd (PGHPL), an unlisted entity of Procter & Gamble India, had reported a net profit of Rs 419.31 crore, while its revenue from operations stood at Rs 8,352.10 crore. This P&G entity operates in the fabric and home care, baby care and hair care business of the FMCG major with brands such as Pampers, Tide, Pantene etc. PGHPL's profit before tax was up over two-fold to Rs 1,256.73 crore in FY24. Its advertising and promotional expenses were .

PepsiCo, Unilever sell lower quality products in India, finds report

A health rating system found that the average score for products across 30 companies was 1.8 out of 5 for low-income countries, while it was 2.3 for high-income countries

Dabur Q2 may be a blip, price fall may provide entry to long-term investors

India revenue declined 7.6 per cent Y-o-Y, while international business grew 13 per cent Y-o-Y in constant currency (CC) terms

FMCG sector flags urban consumption slowdown as food inflation bites

Lower salary increases, high interest rates will continue impacting urban demand, says Nomura

Kirana stores face tough Diwali with 30% sales drop, quick commerce thrives

In India, approximately 13 million kirana stores form the backbone of FMCG distribution, especially in rural regions and Tier-II and Tier-III cities, accounting for nearly 85 per cent of sales

Upgradation trend consistent even in rural: Unilever CEO Hein Schumacher

Hindustan Unilever (HUL) said in its conference call with analysts that it is gaining market share in the last three months, according to Nielsen (NielsenIQ) numbers

Earnings disappointment a catalyst for market correction: Analysts

The developments come at a time when the markets are already grappling with geopolitical developments in West Asia and the uncertainty surrounding the outcome of the US presidential polls

Consumer firms see demand uptick but await Diwali sales for full picture

In consumer durables, demand was somewhat affected by unseasonal rains during Dusshera, according to Nilesh Gupta, managing director of Vijay Sales

Gopal Snacks shares fall over 4% on weak margin, higher expenses

The drop in the share price came after the company's expenses jumped 13.1 per cent year-on-year (Y-o-Y) to Rs 3,649.9 crore in Q2FY25, from Rs 3,227.88 crore in Q2FY24

FMCG distributors red flag e-com, qcom firms' use of private vehicles

In August, AICPDF also wrote to the Ministry of Commerce and Industry regarding the rapid growth of the quick commerce industry, which it said is hurting the trade

Manish Tiwary to become Nestle India MD after Narayanan retires in 2025

FMCG major Nestle India on Monday announced a change of leadership with the appointment of Manish Tiwary as the Managing Director of the company after the incumbent, Suresh Narayanan, retires in July next year. Tiwary, who was the country manager of Amazon India, was appointed as the Managing Director of Nestle India effective from August 1, 2025, according to a regulatory filing. Narayanan will retire as Chairman & Managing Director of Nestle India on July 31, 2025 after serving 26 years, it added. The nominations have been received from the Swiss parent firm Nestle SA. However, "the proposal is subject to necessary approval," said Nestle India. Tiwary is a Director at Amazon Digital Services and More Consumer Brand. He will step down from his directorship on October 30, 2024, the statement said. Tiwary, an alumnus of IIM Bangalore has nearly three decades of experience in leading large-scale operations and strategic initiatives in e-commerce and consumer goods sector. He join