Demand in the FMCG industry remained soft in the June quarter, with major players Dabur, Marico and Godrej Consumer Products Ltd (GCPL) stating that consumers have titrated consumption
From rotating chairmanship to handing over firm to professionals, top family businesses have tried different formulae to ensure smooth transition
It is gearing up to make the six billion paper straws per annum needed by FMCG companies
Juice and beverage giants struggle to meet the impending ban on single-use plastics
Rather than simply putting up hoardings and banners or setting up stalls, companies are going for innovative ways to strike a chord with their target audience in small towns and villages
The company's revenue growth was impacted by the slowdown in rural demand. While the rural overhang will continue in H1FY23, with good monsoon predictions, rural demand can improve in H2FY23.
Homegrown FMCG major Dabur India Ltd on Thursday reported a 21.98 per cent decline in consolidated net profit at Rs 294.34 crore for the fourth quarter ended March 2022. The company had posted a net profit of Rs 377.29 crore in the January-March period a year ago, Dabur India said in a BSE filing. Its revenue from operations rose 7.74 per cent to Rs 2,517.81 crore during the quarter under review, as against Rs 2,336.79 crore in the year-ago period. Total expenses stood at Rs 2,141.04 crore, up 8.7 per cent from Rs 1,969.54 crore in Q4 FY21. Shares of Dabur India Ltd were trading at Rs 529 on BSE, down 1.59 per cent.
Stocks to Watch: Adani Power, Adani Transmission, CEAT, Dabur India, Marico, Exide Industries, Happiest Minds Technologies, and Indus Towers will be in focus ahead of theur Q4 results.
The association told the Environment Ministry that companies need 18 months from the ministry's deadline of July 1 to make the transition
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.
In a bid to take over control of dry cell battery major Eveready Industries, the Burman family, the promoters of Dabur, informed that it made an open offer for an additional 26 per cent of the company
Insurance related stocks could see some action as the India Protection Quotient (IPQ) survey 4, stated that term insurance ownership has gone up from 36 per cent to 43 per cent in the last two years.
Move will help Dabur leverage IndianOil's reach via booklets given to consumers through OMC's delivery team. An app will also help customers order directly, and get the products delivered by this team
The company had posted a consolidated net profit of Rs 493.50 crore in the October-December quarter a year ago, Dabur India said in a BSE filing
Major FMCG stocks are not showing exciting structure on charts, better play is to avoid them.
According to a distributor, Marico has proposed to sell different packs in the traditional trade and organised B2B trade channels
According to the technical analyst from Anand Rathi, Dabur has seen some strong resurgence from its 200-DEMA in the recent period
Homegrown FMCG major Dabur India Ltd on Tuesday reported a 4.64 per cent rise in consolidated net profit at Rs 505.31 crore for the September quarter backed by a double-digit volume growth in domestic market. The company had posted a consolidated net profit of Rs 482.86 crore in the July-September quarter a year ago, Dabur India said in a BSE filing. Revenue from operations for the reported quarter was up 11.98 per cent to Rs 2,817.58 crore as against Rs 2,516.04 crore in the corresponding quarter of the previous fiscal. This was helped by "an underlying industry-leading volume growth of 10 per cent in the domestic FMCG business," said Dabur India a post-earnings statement. "Dabur India reported its fifth successive quarter of strong double-digit growth despite growing inflationary pressures impacting consumer sentiments," it added. All verticals of the business, from Ayurvedic medicines to hair care, oral care, homecare and food & beverages, reported growth in sales and market ..
Gold and steel related stocks are likely to hog the limelight in trades on Tuesday. The former on the account of Dhanteras, while the latter owing to hike in steel prices
After facing backlash on social media platforms and also from a politician from the ruling BJP, the company has withdrawn the ad campaign.