FMCG
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Oceanic Foods settles receipt with SEBI related to LODR rules
Oceanic Foods Ltd has settled a case with the Securities and Exchange Board of India (Sebi) regarding alleged disclosure lapses. The company paid INR...
Amway India registers INR 53 Cr loss for FY24, revenue stands at INR 1280 Cr
Amway India Enterprises, a direct seller, has reported a widening net loss of INR 52.78 crore for the financial year 2024, while revenue from...
Higher profits for FMCG leaders in quick commerce vs. retail and e-commerce!
Consumer goods companies are bagging higher profits from quick commerce than other channels, according to top executives of companies like Colgate-Palmolive India, Godrej Consumer...
LT Foods goes global, aims to tap $2 Bn rice market of Saudi Arabia
LT Foods Limited, a global FMCG company, has entered the Saudi Arabian retail market with the opening of a new office in Riyadh. This...
HUL announces demerger of ice cream business, cites synergies limitation
Hindustan Unilever Ltd (HUL) has announced that its board has approved the demerger of its ice cream business into an independent listed entity.HUL owns...
Tata Consumer foresees continued volume growth, sees food inflation as ‘short-term blip’
Tata Consumer Products Ltd (TCPL) is viewing the current food inflation as a "short-term blip" and expects it to moderate in the next two...
Goyal Salt ltd registers approx. 60% revenue growth, hits INR 74.82 Cr in H1FY25
Goyal Salt Limited, a FMCG player in the salt industry, has announced its unaudited financial results for the half-year ending September 2024. The company...
KRBL Ltd’s India Gate to expand portfolio with mixed spices and rice bran edible oil
KRBL Ltd, the company behind the popular 'India Gate' basmati rice brand, is expanding its product portfolio to include mixed spices and rice bran...
Patanjali Ayurveda reports fivefold profit surge to INR 6,460 Cr despite sales decline
Baba Ramdev-led Patanjali Ayurved has reported a 23.15% increase in total income to INR 9,335.32 crore in 2023-24. The growth was largely driven by...
Food inflation to moderate in urban areas, double-digit growth expected – MD, Marico
Marico, a leading FMCG company, is optimistic about achieving double-digit growth in the second half of FY25, driven by an expected moderation in food...
Coca-Cola Christmas ad controversy: netizens react to ‘Real Magic AI’ creation
Coca-Cola's new Christmas commercial, generated by artificial intelligence, has sparked controversy on social media. The ad recreates the iconic "Holidays are Coming" theme, but...
Colgate faces temporary slowdown in urban growth; shifts focus to per capita consumption – Colgate MD
Colgate-Palmolive India's managing director, Prabha Narasimhan, attributes the slowdown in the FMCG sector to consumers delaying purchases or extending product usage."Consumers tend to titrate...