COVID-19 second wave poses challenge for FMCG industry, rural demand may be blunted: ITC

There is a perceptible shift with consumers adopting a more precautionary savings approach with resources being set aside for medical needs.

published on : 14th July 2021

Hit by second COVID wave, FMCG sales in rural markets to slow down this fiscal: Wipro Consumer Care

After the first wave, rural markets had recovered quickly and reported almost double growth compared to the urban markets.

published on : 7th July 2021

FMCG companies may hike prices again to offset inflationary pressures

The commodities which are particularly exacerbating domestic inflation include palm oil, a key ingredient for home and personal care items including soaps.

published on : 27th May 2021

FMCG industry records 9.4 per cent growth in January-March quarter of 2021

The rural market continued to perform with strong growth of 14.6 per cent during the period and the metro markets have registered a positive growth after two quarters.

published on : 12th May 2021

Godrej Consumer sees Q4 net profit jump 59 per cent

The company recorded a net profit of Rs 365.84 crore  compared to Rs 229.90 crore in the corresponding quarter of the previous year. 

published on : 12th May 2021

Nestle India Q1 net profit up 14.6 per cent on robust domestic sales

During the quarter under review, the company’s revenue from operations stood at ₹3,610.82 crore, up 8.6 per cent.

published on : 21st April 2021

Marico Ltd Q3 net profit rises 13 per cent to Rs 312 crore

Marico said in Q3FY21, revenue from operations grew on the back of a strong domestic volume growth of 15 per cent and a constant currency growth of 8 per cent in the international business.

published on : 27th January 2021

FMCG companies look to hike prices to offset inflationary pressure on raw material inputs

Some FMCG companies like Marico and others have already gone for price hike, while some which include Dabur, Parle and Patanjali are closely monitoring the situation.

published on : 10th January 2021

Marico witnesses faster recovery in consumer sentiment, strong Q3 performance

The company said it has observed strong performance across its portfolio with general trade continuing to grow firmly and rural markets staying ahead of urban.

published on : 4th January 2021

FMCG firms ramp up innovation as consumer trends shift trajectories

Industry watchers also expect complete normalisation of demand for the fourth quarter of FY21 for most categories.

published on : 31st December 2020

With worst COVID-19 woes behind, FMCG sector optimistic about 2021

The sector is learning, innovating and rising from disruptions to put the worst behind and looking forward to the new year with optimism and a new-found confidence.

published on : 20th December 2020

FMCG sector displays signs of revival, rural leads 

But, then Nielsen downgraded its growth forecast in April to 5-6 per cent following the Covid-19 outbreak.

published on : 27th November 2020

Unilever to introduce mouthwash formulation in India, claims to reduce 99.9 per cent corona after rinsing

Unilever has confirmed that preliminary lab test results show that mouthwash formulation containing CPC Technology reduces 99.9 per cent of SARS-CoV-2, the virus that causes COVID-19.

published on : 21st November 2020

Textile giant Raymond forays into real estate business

The land parcel is in the heart of Thane and offers good potential for venturing into the real estate sector.

published on : 3rd April 2019

Sensex scales record high, Nifty holds above 11,100 

The market rally was driven by strong activity on the metal, oil and gas, PSU, infrastructure, banking, FMCG and capital goods counters, rising up to 0.88 per cent.

published on : 24th July 2018
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