Godrej Consumer Products
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 Products, Dabur, and Adani Wilmar.Premiumization and lower distribution costs fuel FMCG growthThe...
Godrej Consumer Products Ltd reported a 13.52% increase in consolidated net profit to INR 491.31 crore in the September quarter, thanks to volume growth in the domestic market and Indonesia. Last year, they posted a net...
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Raymond’s consumer care sales dip 18% under new owner Godrej Consumer Products
Raymond's consumer care business reported an 18% decline in sales under͏ ͏its͏ new͏ owner, Godrej Consumer Products (GCLP), which acquired the company last͏ year.In...
Godrej Consumer Products plans 40% reduction in global manufacturing footprint by FY26
Godrej Consumer Products has ͏ou͏tlined͏ its str͏a͏tegy to͏ reduce its global manufacturing footprint ͏by 4͏0% by FY26, as par͏t of efforts to increase local...
Analysts optimistic as FMCG shares surge up to 10%, hint at ‘start of a catch-up rally’
The recent surge in shares of fast-moving consumer goods (FMCG) companies could mark the onset of sector outperformance over the next few months, experts...
Godrej Family splits group amicably: Adi-Nadir to control listed entities, Jamshyd Godrej to oversee Godrej Enterprises
Following years of negotiations, the Godrej family announced a family settlement. In this arrangement, Adi Godrej and Nadir Godrej will take charge of the...
Good monsoon, improved macro indicators to drive consumer demand for FMCG products
Key industry leaders anticipate that improving macroeconomic indicators and favorable expectations for a good monsoon and rabi crops will boost consumer demand for FMCG...
Godrej Consumer Products achieves high single-digit volume growth despite operating challenges in Q4 FY24
Godrej Consumer Products Ltd has stated that operating conditions in India remained challenging in the fourth quarter of FY24. Despite this, the company experienced...
Rural FMCG sales outpace urban growth for first time in three years, signaling demand recovery
For the first time in nearly three years, the growth in sales of fast-moving consumer goods (FMCG) in villages has outpaced that in cities....
FMCG giants boost advertising spend, surpass pre-Covid levels amid economic boom
In the December quarter, advertising expenses as a proportion of sales at leading fast-moving consumer goods (FMCG) companies exceeded pre-Covid levels for the first...
FMCG companies eye price-led growth with planned hikes in consumer goods
Following a notable decrease in input material costs last year and subsequent price reductions affecting the value growth rate of the fast-moving consumer goods...
FMCG market growth set to rebound next fiscal year, says Godrej Consumer Products CEO
The FMCG market growth rate is expected to improve next fiscal year, according to Sudhir Sitapati, Managing Director and Chief Executive Officer of Godrej...
FMCG firms maintain steady growth with single-digit volume increase and improved margins in December quarter
During the December quarter, Fast-moving consumer goods (FMCG) firms experienced single-digit volume growth and enhanced margins across various segments. This positive trend was facilitated...
Consumer goods companies ramp up advertising and promotional efforts, capitalizing on improved margins and market opportunities
Consumer goods companies are intensifying their advertising and promotional spending in the next few quarters, aided by the improvement in gross margins over the...