Fmcg Sales

Nestle to Tata, big FMCG firms race to acquire maker of Ching's Secret

Last year, Capital Food's three main shareholders decided to put their stake up for sale, it is expected to fetch them $1-1.25 billion

Too early to bet on rural recovery; stay selective on FMCG stocks: Analysts

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

FMCG Q3 sales: Rural market continues to drag; urban maintains steady pace

The Indian FMCG sector witnessed improvement in margins and slow growth in the December 2022 quarter but the rural markets continued to drag as retail inflation stayed at elevated levels, according to industry players. Godrej Consumer Products Ltd (GCPL) and Marico reported that although there is softness in demand, there has been an improvement partly due to the lingering effects of festive sales, while urban and premium categories maintained a steady pace during the October-December period. Godrej Consumer Products witnessed a "demand softness" in the domestic market and a slowdown post the festive season. "During the quarter, the Indian FMCG sector witnessed slow growth driven by poor rural consumption and a slowdown post the festive season," said the Godrej Group FMCG arm in its quarterly updates for Q3 FY23. Despite this, GCPL expects "double-digit sales growth backed by low single-digit volume growth". "The quality of our profits should see meaningful improvement, led by Gro

FMCG companies see some respite in rural demand in last two weeks

While it is too early to say that rural demand has revived but this is the first time demand for consumer goods have witnessed green shoots

Rural demand for FMCG dips 17% in Nov as post-festive consumption slows

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

Network connectivity remains big challenge as e-commerce, FMCG go digital

Experts say AR/VR tech has yet to mature; also, immersive experiences with 360° video applications require a lot of data

FMCG companies watch rural demand with bated breath as pain persists

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

Festivities push FMCG sales up 11% in first two weeks of October

Sales were down in September due to weak rural demand

Jubilant Food, Bata: Consumption stocks get leg up amid festive boost

Nine-day Navratri festival saw retailers witness the highest footfalls in two-three years across segments such as automobiles, consumer appliances, and apparels

Top Headlines: Reliance Jio 5G trials today, Musk-Twitter deal, and more

Advancing its 5G launch, Reliance Jio will start a beta trial of the service in four cities on Wednesday, offering select customers unlimited data with up to 1 Gbps speed

Weak rural demand drags down FMCG sales in September, shows data

Bizom pointed out that rural sales were impacted in September due to excessive rainfall in some areas and weak rainfall in some other regions, thereby affecting agri yields and household incomes

FMCG companies ramp up supply chains, marketing ahead of festive season

FMCG sales in August grew by 6.3 per cent sequentially, according to the latest data from Bizom. Sales had been declining for the previous three months

Normal monsoon drives August FMCG sales up nearly 7% in rural areas: Bizom

In comparison, urban sales were up 5.5% month-on-month

Urban FMCG sales see sharper fall than rural in June, shows data

Sales of goods from shampoos to biscuits stayed lower due to inflationary pressures on commodities

Are revival signs of rural economy for real or is it too early to call?

Many non-official parameters do indicate a rebound, but high inflation seems to hitting hard, eroding all gains

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

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

Value growth still higher due to price hikes

Distributors write to FMCG companies for the second time on price parity

According to a distributor, Marico has proposed to sell different packs in the traditional trade and organised B2B trade channels

Urban FMCG sales down 6.3%, rural sales increase 17.9% in November

Overall FMCG sales in November increased by 10.2 per cent year-on-year

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