Page 2 - Fmcg Companies

FMCG distributors raise concern over unregulated growth of 'quick commerce'

FMCG distributors have raised concerns over the "rapid and unregulated growth" of quick commerce platforms, saying it needs immediate scrutiny. In a letter written to Commerce & Industry Minister Piyush Goyal, FMCG distributors' body AICPDF said this unchecked expansion of quick commerce platforms, which typically deliver goods within 10 to 30 minutes, is creating an "uneven playing field", threatening the livelihoods of millions of small retailers and distributors who have been the backbone of India's retail sector for decades. The All India Consumer Products Distributors Federation (AICPDF) also suspected potential violations of FDI regulations by these quick-commerce companies and sought an immediate investigation into the operational models of these platforms. The rapid growth of quick commerce platforms like Blinkit, Zepto and Instamart has posed significant challenges to the traditional retail sector and the established fast-moving consumer goods (FMCG) distribution ...

India only country to deliver double-digit sales growth of FMCG: Report

India is the only country in the Asia-Pacific region, where sales of FMCG and tech durable sectors from modern trade channels are consistently delivering double-digit growth, helped by premiumisation and festive period sales, data analytics firm NielsenIQ said in a report. India has a dominant position in the Asia Pacific region in modern trade sales, where the premium-plus pricing segment accounts for nearly 40 per cent of FMCG sales and 30 per cent of tech durables sales, according to the findings of the report. "India emerges as the only market consistently delivering double-digit growth in both the FMCG and tech & durables sectors, underscoring the resilience and evolving preferences of Indian consumers," said NielsenIQ report titled 'Full View of Modern Trade Retail Trends'. Though online channels continue to grow rapidly in India, modern trade channels remain a preferred channel, it added. Modern trade involves selling goods through large, organised stores like supermarkets,

Colgate, Pidilite, Britannia among Nuvama's top consumer bets; here's why

According to Nielsen, the consumer sector grew 4% Y-o-Y in Q1FY25, down from 6.6% in Q4FY24. Pricing saw a marginal increase of approximately 0.2 per cent, while volumes rose 3.8% Y-o-Y.

Thriving Indian pet care market provides big opportunity for FMCG majors

Godrej Consumer forays into sector with an investment of Rs 500 crore

Indian FMCG enterprises resume operations in violence-hit Bangladesh

Indian FMCG companies with operations in violence-hit Bangladesh say their business in the neighbouring country is slowly returning to normalcy after being shut for about a week. Leading FMCG companies, including Marico, Dabur, Emami, Pidilite Industries, Britannia and Godrej Consumer Products, have operations in Bangladesh, which recently faced violent clashes leading to a regime change there. Besides, leading QSR chain Jubilant FoodWorks Ltd (JFL), a master franchisee of American pizza restaurant chain Domino's, also operates around 30 stores in Bangladesh. Marico, which has the biggest exposure in Bangladesh, has informed the bourses that its manufacturing operations in the country resumed at normal scale on August 11. "Operating conditions in the market have been gradually improving and a large majority of our retail sales force and distributors have been functioning since last week," the Mariwala-promoted FMCG maker said. In Bangladesh, Marico operates in personal care, baby

Normal monsoon to drive Dabur India's growth, says CEO Mohit Malhotra

Company to undertake price increases as consumers come back into consumption fold

FMCG sector grows 4% in value, 3.8% by volume in April-June: Report

Industry growth steady and reflects resilience and adaptability, says consumer research firm NielsenIQ

From Dabur to Britannia, FMCG firms begin to see volumes growth revival

Companies expect the trend of rural outpacing urban to continue

Harsh summer, cola price war play spoilsport for Dabur's juice portfolio

According to market research firm Kantar, bottled soft drinks breached an annual penetration of 50% in the year ending March 2024

Colgate Palmolive India Q1FY25 results: Net profit up 33% at Rs 364 cr

FMCG major Colgate-Palmolive India on Monday reported 33 per cent rise in net profit at Rs 363.98 crore for the first quarter ended June 2024, helped by a demand pickup and good performance of products. The oral hygiene product maker had posted a net profit of Rs 273.68 crore in April-June FY24, according to a regulatory filing from Colgate-Palmolive India Ltd (CPIL). Sales were up 13 per cent to Rs 1,485.76 crore during the quarter under review as against Rs 1,314.73 crore in the corresponding period a year ago. "The quarter witnessed continued demand pickup in rural markets outpacing growth in urban markets for the second quarter in a row. Led by this and good all-round performance of toothpaste, toothbrush and personal care, domestic revenues grew by 12.8 per cent year-on-year for the quarter,"said CPIL in its earning statement. Total expenses in June quarter was up 8.46 per cent to Rs 1,030.86 crore. Total income, which includes other income also, was at Rs 1,520.11 crore, up

Adani Wilmar posts Rs 313 cr profit in June quarter on higher income

Edible oil major Adani Wilmar on Monday reported a consolidated net profit of Rs 313.20 crore for the first quarter of this fiscal on higher income. The company had posted a net loss of Rs 78.92 crore in the year-ago period. The total income rose to Rs 14,229.87 crore during the April-June period this fiscal from Rs 12,994.18 crore in the corresponding period of the previous year, according to a regulatory filing. Adani Wilmar, a joint venture between Adani Group and Singapore's Wilmar, is into edible oil, food & FMCG and industry essentials businesses. The company sells most of its products under the 'Fortune' brand.

Rural volumes likely to overtake urban by FY25-end, says Kantar report

Kantar report says rural growth largely led by rise in population rather than consumption

Budget 2024: Consumer goods firms may see an upswing after year of lull

Announcements may put more money in hands of taxpayers boosting consumer demand

Pune-based ElasticRun eyes operational profitability by end of October

The business-to-business ecommerce player has, for instance, focused on working with regional brands as they give better margins and also allow them to partner with these brands in marketing

Nuvama says 'Buy' Emami stock for 20% upside; eyes strong growth in FY25

Analysts reckon Emami shall deliver a strong FY25, with near double-digit top-line growth and margin expansion

FMCG major Dabur India to kickstart fourth phase of added sugar reduction

Company to expand rural footprint, premium portfolio to drive growth in FY25

Results preview: FMCG firms likely to hitch a ride on rural uptick in Q1

Volume growth expected to witness a sequential recovery

Adani Wilmar's shares rise on steady volume, exports growth in Q1 estimates

In Q1FY25, Adani Wilmar recorded a volume growth of 13 per cent year-on-year (Y-o-Y), led by market-specific strategies in each category, and aimed at gaining market share

Earnings upgrade, valuation uptick for consumer companies' stocks

Increasing trends of premiumisation and volume growth may also expand operating margins by 50-75 basis points, despite higher marketing expenses and competition

Heatwave grip on May consumption, base-year effect cool GST growth

Analysts suggest that while this does not signify a slowdown, it indicates a moderation in consumption, likely influenced by severe heatwave conditions prevailing in the country during May