FMCG Sector

Reliance is following the challenger strategy like in the telecom space, said Devangshu Dutta, founder at Third Eyesight

Demand in South India, however, still remained slightly weak as summer stocks are yet to be replenished

'Mom-and-pop stores will remain the most dominant channel even after a decade, and in a highly digitised form'

Tapering price growth and weak volumes slowed down growth in the quarter, according to data by NielsenIQ

TMS Ep358: Budget expectations, Soumya Mohanty Q&A, markets, short-selling

What are citizens' expectations from the Budget? What does Kantar MD hope for consumer goods firms? What do bond market investors expect in Budget? What is short-selling? All answers here

In their quarterly update, Godrej Consumer Products, Dabur, and Marico witnessed sluggish growth in the December quarter (Q3) driven by poor rural consumption and a slowdown after the festival season

Growth in the third quarter has been broad across both urban and rural towns, with higher saliency in urban markets, Adani Wilmar said

" The purpose of doing this transaction is to raise funds for financing some ventures in the private hands of the Burman family," the exchange filing said

Made-for-India consumer packaged goods brand Independence will roll out nationally after Gujarat unveiling

Urban demand also hit, but not as badly; Overall FMCG sales decline 15.3% MoM and 2.7% YoY

Normal monsoons, good harvest & increase in MSP will drive demand in rural markets in the near/medium term, according to analysts.

Leading FMCG makers are witnessing encouraging trends from the initial pickup of their winter products portfolio, expect consumption to accelerate further as mercury dips, making them hopeful for growth from the rural areas. Makers such as Dabur, Emami and Marico are witnessing pickup in their winter-specific products portfolio ranging from skin care products to immunity products such as chyawanprash and honey. Moreover, the makers are also expecting rural sales to bounce back in the coming quarters helped by a good harvest and softening of general inflation. While winter products are doing well on new-age channels such as e-commerce and modern trade channels. Marico COO India Business and CEO New Business Sanjay Mishra said winter has always been a crucial season for some products in their portfolio like body lotion and the Saffola Immuniveda range, especially from the northern region. This year again we have seen consumption going up for both of these as we enter winter, Mishra t

Volumes decline 3.6%; urban areas sustain at 1.2 %: NielsenIQ

In October, FMCG sales in rural areas stood at 0.8 per cent while urban sales declined 0.1 per cent against September, according to data by Bizom- a retail intelligence platform

The frequency with which distributors procure stocks from companies has reduced

Brands to be manufactured in tie-up with SMEs; 52 products launched under home cleaning, personal hygiene, pantry staples, and male grooming so far, more categories in two years

As part of the ITC Next strategy, we are making sure that the organisation remains agile, nimble and consumer-centric at all times

Net profit rises 22.2% on 16.1% increase in revenue

Growth in volumes in the recent past was affected due to a significant surge in product prices

Volumes to remain under pressure due to grammage reductions