The data indicates that people are keen to put Covid behind them and return to normal consumption patterns. This is good news.
The Indian bottled water market was valued at over USD 2.43 billion (around Rs 19,315 crore) in FY2021, said a report from market research and advisory TechSci Research.
When Surbhi Guha decided to eat healthy for the nth time, she was determined to not give up this time.
There has been a phenomenal growth of his wealth. Adani’s wealth was less than $10 billion when Covid-19 first became a global phenomenon in March 2020.
Addressing the 45th AGM of Reliance Industries on Monday, Reliance Retail Ventures Ltd (RRVL) Director Isha Ambani said: "This year, we will launch our FMCG goods business".
Burman started his career at Dabur’s Industrial Engineering Department where he was responsible for the induction of machinery, method improvements, manpower reduction and improving product packaging.
The company’s revenue from operations increased 10.58% to Rs 3,326.83 crore during the quarter under review as against Rs 3,008.46 crore in the corresponding period last fiscal year.
Its revenue from operations moved up 8% to Rs 2,822.43 crore during the quarter under review, as against Rs 2,611.54 crore in the corresponding period a year ago.
The decision was made after a strategic review of its business portfolio, the company said in a regulatory filing.
Revenue from operations surged 39.25% to Rs 19,831.27 crore, from Rs 14,240.76 crore posted in the same quarter last year.
According to a media reports, the overall dog food market in India is projected to rise at a 15 per cent current value CAGR in the next 5 years.
In terms of categories, milk products and nutrition, confectionery and beverages witnessed double-digit growth across brands.
CPIL’s total expenses also rose 6.95% to Rs 916.60 crore in the quarter under review, as against Rs 856.99 crore in the same quarter a year ago.
As many as 5 lakh gig tasks were offered during the month compared to 3 lakh gig work in May this year, according to Taskmo Gig Index (TGI).
Puri hinted at a possible de-merger of the hotel business during the press conference, saying, “Now that there are indications of industry on a positive trajectory, it is very much on the table.”
ITC shares have gained 45.5% in the last year and in 2022 alone, it has surged by 38 per cent.
Puri said it is the company’s aspiration to take these brands to overseas markets. and that ITC has launched over 110 products during the year.
The company in its latest annual report said that the consolidated operating margin should be in the range of 18-19% in FY23.
“Our leadership changes align with our ambitions of being a significant and leading player in the FMCG space in all the markets we operate in,” Agarwal said.
The brokerage firm also expects the profitability margins of organised peers to be better than consensus estimates in H2FY23.