Page 2 - Fmcg

Russia-Ukraine war: FMCG firms prepare to take steep price hikes

The third of the five-part series looks at how FMCG companies are trying to offset the sharp rise in the cost of raw materials due to supply constraints

FMCG makers to go for around 10% price hike to ease inflationary pressures

Consumers may have to pay more for daily essential items with FMCG companies mulling another round of price hike to ease inflationary pressure on commodity prices of items such as wheat, palm oil

Nestle India relied more on railways, water routes in 2021: Report

Nestle increased the use of bigger size vehicles from 5.9 per cent in 2019 to 9.8 per cent in 2021 and started using railways, which was not used in 2019. It also introduced four waterways in 2021.

FMCG major Britannia Industries aims 50% women in workforce by 2024

FMCG major Britannia Industries said on Wednesday it aims to achieve a diversity ratio of 50 per cent by 2024 by increasing the participation of women in its workforce.

Godrej Consumer faces highest input cost impact among FMCG majors

Turnaround hopes and attractive valuations, however, keep the Street positive on the stock

Hindustan Unilever announces key changes to management committee

FMCG major Hindustan Unilever on Wednesday said it has appointed Madhusudhan Rao and Deepak Subramanian to its management committee. Rao has been appointed as Executive Director, Beauty & Wellbeing and Personal Care, while Subramanian has been named as Executive Director, Home Care. Rao takes over from Priya Nair, who will move into her new global role as Chief Marketing Officer for Beauty & Wellbeing. Similarly, Subramanian takes over from Prabha Narasimhan, who has decided to leave the company to pursue an external opportunity. Rao is currently Executive Vice President Home and Hygiene, Unilever. He joined HUL in 1991. On the other hand, Subramanian, currently Vice President Home Care, Southeast Asia / ANZ (SEAA) & Global Head, Fabric Enhancers, joined HUL in 1995 as a management trainee. "I am delighted to welcome Madhusudhan and Deepak to the HUL Management Committee. Madhusudhan has a successful track record in a variety of operational and strategic roles. He has ...

Britannia planning to increase women workforce in Assam plant to 65%

On account of International Women's Day, Britannia Industries on Tuesday announced it is planning to increase the women workforce at its largest northeastern plant near Guwahati this year.

BSE FMCG index nears 52-week low; Dabur, Godrej Consumer slips up to 9%

HUL hit a fresh 52-week low of Rs 1,942, down 4% in intra-day trade today. The stock has tanked 15% in the past two weeks.

FMCG sales pick up a month after third wave of Covid-19, shows data

Homecare and personal care category sales are down on a month-on-month basis as well as on a year-on-year basis

Ukraine crisis: FMCG companies scramble to hike prices faster than planned

Crude palm oil is also at an all-time high of $1,854 per tonne

India's FMCG value grew 9.6% in Oct-Dec due to price increases, NielsenIQ

Volumes shrank by 2.6% due to inflationary pressure and other macro-economic factors

FMCG industry faced consumption slowdown in urban markets in 2021: Nielsen

The Indian FMCG industry witnessed a consumption slowdown in urban markets and de-growth in rural areas in 2021, as the sector was hit hard by higher inflation levels

Third Covid-19 wave: Consumers prioritise purchasing only bare essentials

Bizom data notes that while other categories' consumption took a hit, commodity consumption remained high as people focused on essentials

Nestle India Q4 profit dips 20% to Rs 386.66 cr, net sales up 8.9%

Commenting on the annual performance, Nestl India Chairman and Managing Director Suresh Narayanan said, '2021 was a very challenging year'

Low rural offtake weighs as FMCG volumes shrink nearly 2% in Q3FY22

Value growth still higher due to price hikes

FMCG major Dabur India's healthy run comes riding on growth triggers

Distribution, new product contribution, and portfolio expansion are positive

Budget 2022: Weak demand-led rural stress to continue for FMCG firms

The MNREGA allocation did not come on expected lines but companies expect it to get revised during the year

Higher MSP allocation will drive consumption in rural markets: FMCG makers

Nearly 35 per cent of the FMCG sales come from rural areas and after the second wave, it was badly hit

Weak rural demand takes a toll on consumer segment, say experts

Consumer durables makers have also witnessed a slowdown in rural demand due to inflationary trends coupled with weak festive season sales

Britannia Industries net profit falls 18% to Rs 369.18 crore in Q3

The company had posted a net profit of Rs 452.64 crore in the October-December quarter a year ago