Page 4 - Fmcg

ITC, Shree Cement most valuable companies in Bengal, says report

FMCG firm Britannia Industries, which has its registered office in Kolkata, in the third most valuable company in the state: Report

PLI scheme in food processing will allow large scale capacity: FMCG cos

With the government approving their applications for the production linked incentive (PLI) scheme in food processing, the companies said it will also play a key role in promoting job creation

FMCG not safe-haven bets for investors, analysts see more underperformance

The FMCG index had outperformed the broader market in previous corrections like in 2011, 2015, and 2018

FMCG distributors warn firms of 'non-co-operation', seek price parity

A financial credit note is issued by companies on schemes offered to retailers and is facilitated by distributors

FMCG sales down 14.4% in Nov as number of active kirana outlets contracts

Liquidation of stock post Diwali also impacting stocking up at kirana outlets

India's FMCG market grew 12.6% in Sept quarter led mostly by price hikes

Kolkata, Hyderabad, Mumbai and Pune led the growth, Volume growth was muted at 1.2%

FMCG market to taper down further due to high base effect: Report

The Fast Moving Consumer Goods (FMCG) market will see further tapering down and decline in volumes, especially in the in-home consumption category due to a higher base effect

Blow to consumers as India's leading FMCG companies hike prices again

Leading biscuit maker Parle Products has also increased prices by 5 per cent to 10 per cent across its product portfolio in this quarter

Energy prices are starting to hurt: Sunil D'Souza of Tata Consumer

The managing director and CEO of TCPL talks about the FMCG major's e-commerce strategy, inflationary pressures on the business, and expansion of out-of-home brands

Udaan reports 95% YoY growth for food, FMCG business during festive sale

B2B e-commerce says it recorded a 75 per cent jump in retailer participation during sale promotion.

Inflation heat: Consumer goods firms' share in India Inc profit drops

Their net profits down 26 per cent in H1FY22 over H2FY21 owing to higher input costs

Top headlines: Ather Energy plans IPO, ED and CBI chiefs' jobs extended

EV startup Ather Energy is planning to go for an IPO within two years. More on that story in our top headlines this morning.

Price hike not enough to cushion FMCG companies' margin pain

Volume growth, amid soft rural demand, is also a key monitorable

Emami PAT up 56% to Rs 185 cr in Q2FY22, revenue grows 7% to Rs 789 cr

Company says posted a growth of 9% in domestic business led by a volume growth of 6%

Marico posts 16% growth in second quarter profit at Rs 316 crore

The company said its foods franchise is on course to reach the Rs 500 crore mark in FY22

PLI for food processing a game-changer, to boost agri-exports: FMCG players

Leading FMCG companies have termed the PLI scheme approved by the government for the food processing sector as a game-changer which would help bring more investment

Growth sparkle missing yet again in Colgate results, sales disappoint

After 14% decline in price, attractive valuations could support stock

Higher raw material costs dent Nestle's operational performance in Sept qtr

The Nifty FMCG average valuations are 36 times, while its top six rivals are trading at an average of just over 50 times

Nestle India Q3 net up 5% to Rs 617 cr; net sales up 9.6% to Rs 3,865 cr

Organised trade witnessed a resurgence in the third quarter with strong revenue growth in mid-twenties after a muted second quarter which was impacted by the second wave of COVID-19.

After a steady Q2, HUL's 'cautious optimism' stance raises demand concerns

Company posts 9% YoY increase in net profit, 11% growth in revenues