Page 4 - Fmcg Sector

D2C player MyGlamm emerges stronger from setbacks, plans to float IPO

The company, which saw investors pull out of a fund raise as the pandemic struck, is now eyeing an annual revenue run rate of Rs 600 cr by this December

Q2 countdown: Pause over, India's consumption story moving fast again

Unlock, good monsoon, better pace of vaccination and rural demand could galvanise recovery

ITC Q4 preview: Single-digit revenue growth seen; PAT may dip up to 7% YoY

Brokerage JM Financial expects PAT to decline 6.4 per cent YoY to Rs 3,554.9 crore during the quarter ended March 2021

Nestle, under fire over unhealthy products, working on new strategy

Nestle shares were 0.2% higher at 0951 GMT, broadly in line with the European food sector.

FMCG sales up 9.4% in March qtr, but June qtr remains volatile: Nielsen

If e-commerce sales are excluded, the sector growth stood at 9.3 per cent in the March quarter, 7.1 per cent in the December quarter, and 0.8 per cent in the September quarter

FMCG industry record 9.4% growth in January-March quarter: Nielsen

Indian FMCG industry has recorded a 9.4 per cent growth in the January-March quarter of 2021, helped by a consumption-led growth and value growth by increased prices of products

Dabur India's consolidated net profit rises 34.4% in Q4 on low base

The maker of honey, chyawanprash, oils and juices had reported a net profit of Rs 281.6 crore last year

Amid Covid-19 second wave, headwinds visible for India's FMCG sector

Second wave and weak sentiment are likely to impact consumption

Parle Products to leverage on IBM hybrid cloud and AI to drive growth

With this, Parle hopes to find new ways to get its products to the consumer as the pandemic disrupts supply chain and mandates WFH for some employees

Rural push, new launches to sustain growth trajectory for Nestle India

Valuations are, however, rich limiting the upside potential

Bajaj Consumer posts over two-fold jump in Q4 profit at Rs 55 cr

Shares of Bajaj Consumer Care Ltd settled at Rs 311.20 apiece, up 1.90 per cent from the previous close.

Nestle Q1 preview: PAT may rise up to 14% YoY, say analysts

Nestle Q1 preview: Raw material prices have started inching up, however, cost optimisation measures should aid Ebitda margin expansion of 120 bps YoY, said analysts at Edelweiss Financial

Covid-19 wave pushes packaged, hygiene goods consumption back in focus

Demand for products such as honey, chawanprash and ayurvedic teas has jumped by 60 per cent in April.

Maharashtra curbs: FMCGs chalk out production, distribution plans

Focus on fewer brands, smaller packs; inventory to be moved closer to target markets

FMCG firms assure uninterrupted supply amid Covid-19 restrictions

FMCG firms such as ITC, Parle Products, Marico, Emami and CG Corp Global on Wednesday assured uninterrupted supply of their products

Tata Consumer Products: Why Nomura is bullish on this new Nifty entrant

Formerly, known as Tata Global Beverages, Tata Consumer is currently undergoing a transformation to become a multi-category FMCG company from a food and beverage (F&B) company

Durables firms fear slowdown in rural regions as Covid-19 cases rise

During unlock, most consumer goods makers, including durables majors, turned their attention to small towns and rural areas

Nestle India digs deeper in the rural market, aims to grow business

The company's new-found enthusiasm for the hinterlands is founded on its appetite for growth

ITC gains on FMCG growth, branded food segment may help firm next

Company's FMCG business to increase from 25 per cent of revenues in FY20 to 30 per cent in FY23, say analysts

Real estate, travel and tourism blues hit India's consumption story

Experts say despite the revival in the sales of essential goods, several sectors are continuing to drag private consumption down.