FMCG
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Essential items witness unprecedented demand, surpassing decade-high levels
In the April-June quarter, there was a notable 8.5% year-on-year increase in purchases of daily groceries and essential items, marking the highest growth in...
FMCG industry sees optimistic signs of recovery in rural markets as inflation eases
The FMCG sector experienced a boost in rural volume growth during the June quarter due to a reduction in inflationary pressures. As a result,...
Britannia Industries reports strong Q1 FY24 performance, net profit surges 35.65% to INR 455.45 Crore
In the first quarter of FY24, Britannia Industries recorded a consolidated net profit of INR 455.45 crore, marking a notable 35.65 percent surge compared...
FMCG giant DS Group appoints Jyotiroop Barua to lead confectionery business
DS Group, the FMCG conglomerate, has appointed Jyotiroop Barua as the business head of Dharampal Satyapal Foods, its confectionery business, according to a press...
FMCG sales soar as retailers stock up for upcoming festive season
In July, sales of daily essentials and groceries exhibited a sequential recovery from June as retailers replenished their stocks in preparation for Independence Day...
FMCG giant Adani Wilmar reports net loss of INR 78.92 Crore in Q1 FY24
Adani Wilmar, a prominent player in the Fast-Moving Consumer Goods (FMCG) sector, has announced a combined deficit of INR 78.92 crore for the initial...
Marico’s Q1 FY24 net profit surges 15.6% to INR 436 Crore, despite minor dip in total income
According to a BSE filing, Marico, a leading FMCG company, recorded a significant increase in its consolidated net profit for the first quarter ending...
Nestle India posts impressive 37% YoY increase in net profit for Q2 2023, records robust sales growth across product groups
Nestle India, a leading fast-moving consumer goods (FMCG) company, announced its financial results for the quarter ended June 2023. The company's net profit for...
Parle retains top spot as India’s leading FMCG brand, Britannia dominates out-of-home consumption: Brand Footprint 2023 Report
Parle, the beloved biscuit brand owned by Parle Products, has once again reaffirmed its status as India's top FMCG brand. According to the latest...
FMCG giant Marico makes significant move, acquires 58% stake in D2C nutrition brand Plix for INR 369 Cr
Marico, a leading FMCG major, made an announcement on Wednesday, July 26, stating that it has reached a definitive agreement to acquire a significant...
Skippi launches indulgent and healthy cornsticks to enhance snacking experience
After achieving remarkable success in crafting India's finest ice-pops, Skippi has ventured into the retail industry, presenting a captivating array of fast-moving consumer goods...
Fast-growing D2C FMCG startup Mitra targets INR 34 Crore GMV by FY 2023-24; eyes expansion into new markets and international territories
Mitra, a direct-to-consumer (D2C) FMCG startup, has set its sights on an impressive target. Founder and CEO, Abhishek Kaushik, envisions Mitra achieving a gross...