FMCG
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ITC’s Q4 net profit dips 1.3% to INR 5,020 Cr, final dividend announced
Cigarettes-to-soap major ITC Ltd recorded a standalone net profit of INR 5,020.20 crore in the March 2024 quarter, indicating a 1.3 percent decrease year-on-year...
FY24 marked by milestones and growth for Tata Consumer Products, says Chairman N Chandrasekaran
Tata Consumer has finalized the merger of Tata Coffee and has made substantial strides in streamlining its international legal entities. Additionally, the integration of...
PoloQueen taps Bollywood actor Raveena Tandon as brand ambassador for kitchen essentials line
FMCG firm PoloQueen Industrial and Fintech Ltd. has enlisted Bollywood star Raveena Tandon as the face of its kitchen essentials line.The collaboration aims to...
Uneven rainfall affected rural demand: Hindustan Unilever chairman Nitin Paranjpe
Hindustan Unilever reported a robust performance in last fiscal year despite facing a challenging macroeconomic environment characterized by erratic rainfall and subdued agricultural output,...
ITC leverages innovative packaging and product premiumization to elevate customer experience
ITC, a diversified conglomerate, is focusing on enhancing product experience and shelf life while promoting sustainability through innovative packaging. The company is also managing...
DS Group targets INR 5,000 Cr sales from confectionery business in 5 years, eyes expansion into tier II and III cities
Dharampal Satyapal Group (DS Group), a domestic FMCG company, aims to achieve a revenue of INR 5,000 crore in the next five years from...
D2C FMCG brand Mitra raises pre-series A funding, targets mustard oil and spices for expansion
Gurugram based D2C FMCG brand, Mitra has strategically forayed into the mustard oil market and has been seeing an impressive growth with the oil...
Flipkart’s grocery segment expands rapidly, achieving 1.6X YoY growth
Flipkart, a leading player in the e-commerce sector, has seen a remarkable 1.6X year-on-year growth in its grocery segment. This milestone highlights Flipkart’s dedication...
iD Fresh Food’s quick commerce sales surge 100x in 2 years
Around 33% of iD Fresh Food's sales originate from quick commerce platforms, while its traditional e-commerce sales have experienced a 25% decline over the...
Southern India leads economic recovery post-Covid: Kantar Report reveals strong FMCG growth in five states
The southern region of India seems to be leading the way in the overall economic recovery post-Covid, with five states showing stronger sales in...
Unilever to keep Russian ice cream assets despite demerger plans
Unilever reportedly plans to continue producing ice cream in Russia even after demerging the rest of the division from the business.In March, the FMCG...
Quick commerce grabs 35% share of FMCG online sales in FY24, doubling within a year
Major consumer goods companies like Hindustan Unilever (HUL), Dabur, Adani Wilmar, and Parle Products reported that the contribution of quick commerce to their overall...