Consumer Goods Companies

India's consumer good shipments to Russia rise for 2nd month in Oct: Govt

During October, India exported goods worth $280 million, up 3.7 per cent as compared to a year ago, led by demand for items such as vegetables, tea, coffee, chemicals as well as iron and steel product

More price increase unlikely this financial year: Britannia MD Varun Berry

Berry told Business Standard in an interview that the company was aiming to increase its revenues from cheese products by five times within the next five years

Emami Sept quarter net flat at Rs 184 crore, pre-tax profit dips 18%

Company says gross margins shrank 230 bps in Q2FY23 due to inflationary pressures and an unfavourable portfolio mix due to extraordinary high sales of pain management products last year

Patchy rains, inflation hit rural sales of FMCG companies: NielsenIQ

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

Godrej Consumer Products net profit falls 25% in second quarter

Its net sales in the quarter was up 7.2 per cent to Rs 3,391.92 crore which was led by price hikes

Unilever downbeat on Europe, China consumer sentiment; raise prices

Like the rest of the consumer goods industry, Unilever's margins have been squeezed since the start of the war in Ukraine that has pushed up costs of energy and key ingredients

Unilever CEO Alan Jope to retire at end of 2023 after GSK setback

Jope, a long-term veteran of the consumer goods company, will leave after only five years in the role, with no named successor currently in place

E-commerce firms again top list of sectors with maximum consumer grievance

Centre plans Lok Adalats to dispose of pending cases in consumer commissions

Reckitt CEO resign on personal grounds; Durante to hold fort in interim

"The chairman and the nomination committee have begun the process to identify the best long-term candidate to take Reckitt on the next phase of its growth and transformation journey," the company said

Reckitt Benckiser says CEO Laxman Narasimhan to step down at end of Sept

Reckitt Benckiser said its Chief Executive Officer Laxman Narasimhan will step down at the end of September after three years in the role.

Easing raw material costs promising for Indian consumer companies

While reporting a 4.5% fall in second-quarter profit and higher expenses, Nestle India said on July 28 it could see softening of prices in such commodities as edible oil and packaging materials.

Unilever hikes prices for products due to inflation, expects strong sales

The challenges of inflation persist and the global macroeconomic outlook is uncertain, but we remain intensely focused on operational excellence and delivery in 2022 and beyond, CEO Alan Jope said.

After 2-yr pandemic thrift, 'revenge spending' likely this festival season

The festival season kicks off with Onam end-August right through Diwali in October

Marico's India business volume declines in mid-single-digits in Q1

The company's Parachute coconut oil also recorded a marginal volume decline in the quarter

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

Deals or distress: Consumer goods makers bet on bumper festive sales

Robust growth expected despite shortage of components and the threat of a third wave of Covid-19 pandemic

Manipal Group chief, Rohan Ajila launch consumer-sector focused SPAC in US

GCAC raised this week $170 million in an initial public offering listed in NASDAQ.

Covid-19 crisis: Consumer firms fear sales hit as virus reaches hinterland

Rural India was largely unaffected by first wave of Covid-19

Reliance Retail's pvt labels revolution spooks global consumer goods makers

Reliance plans to keep expanding and promoting its private labels - even in non-food segments - via its own supermarkets and kiranas

Godrej Consumer: Q3 update positive, sustaining trend crucial

Scale-up of personal and home hygiene segments, stable demand across other categories drivers of growth