Parle Products

Parle in talks to acquire Polish biscuit brand dr Gerard, says report

dr Gerard was launched in 1993 and has over 200 varieties of biscuits and salty snacks. In 2013, it was acquired by Bridgepoint for an undisclosed sum

FMCG firms offer discounts, price cuts as raw materials get cheaper

Food companies are still in wait and watch mode

Parle Products remains most chosen FMCG brand for 10 years in a row: Report

The number of brands growing in terms of CRP improved in 2021 (70 per cent), over 2020 (56 per cent)

CCI blocks B2B platform Udaan's plea to procure Parle-G biscuits directly

Udaan also said it would be forced to procure Parle products from the biscuit major's existing distributor network

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

How is 'shrinkflation' helping FMCG companies tide over rising input costs?

FMCG companies are struggling. They have now resorted to 'shrinkflation' to cope with the increased input cost, without passing on the price burden to consumers. Our next report tells more about it

FMCG categories see sharp downtrading in markets, shows data

According to Bizom, four out of six categories tracked are witnessing downtrading in rural markets, while five of six in urban markets have also seen a similar trend.

From biscuits to shampoos, prices of FMCG goods to rise again in January

Firms say hike needed to cover high input costs

PLI for food processing: Parle Products expects 20-25% growth in exports

Biscuits major Parle Products expects 20-25 per cent growth in exports on the back of the govt's PLI scheme in the food processing sector, for which it has received approval

Parle Products hikes biscuit prices by 5-10% as input cost soars

Leading food company Parle Products has increased the prices between 5 and 10 per cent across categories as the input cost has gone up substantially after the rise in prices of raw materials, such as sugar, wheat and edible oil, said a company official. In the biscuit segment, Parle, which owns popular brands such as Parle G, Hide & Seek and KrackJack, has increased the prices by 5-10 per cent and 7-8 per cent in the rusk and cake segments, respectively. The price of its most popular glucose biscuit Parle G is now up by 6-7 per cent. "We have taken a 5-10 per cent price hike," Parle Products Senior Category Head Mayank Shah told PTI. The company has increased the prices of biscuits and other products above Rs 20 and has reduced the grammage of below it to retain the attractive price points, he added. This is the first hike by Parle in this fiscal. Earlier, in the January-March 2021 quarter also, the company had gone for a price hike. "This is after considering the inflationary ..

Biscuit maker Parle Products forays into packaged wheat flour market

Parle-G, set up in 1929, operates in the biscuits, snacks, and confectioneries categories.

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

How Parle clocked the best-ever growth in last four decades during lockdown

The growth was phenomenal and as a result Parle was able to increase its market share by 4.5 to 5 per cent during the lockdown

Different Centre-state rules slow India Inc's bid to restart business

The Delhi government, in a major relaxation. has permitted everyone to go to office. But the Maharashtra government has gone to the other extreme by keeping offices closed till the end of May.

PepsiCo India's third food manufacturing plant gets nod to re-start work

Capacity utilisation at the two units is not more than 25%, but will increase as more people make their way back to work, according to industry sources

Parle Biscuits net profit rises 15% in FY19; revenue up 6.4% to Rs 9,030 cr

According to information shared by business platform Tofler, Parle Biscuits' FY19 net profit was Rs 410 crore versus Rs 355 crore reported the previous year

Parle eyes Rs 100 cr in sales from relaunch of Rol.a.Cola candy in 1 year

Parle seeks to be on a roll with Rol.a.Cola comeback, eyes Rs 100 cr sales in 1st year

Top biscuit manufacturers seek GST cut for below Rs 100 per kg segment

In April-June 2019, the growth rate of the overall biscuit market fell to 2 per cent from 7 per cent earlier

Parle may cut up to 10,000 jobs, slash production as slowdown bites

A sharp drop in Parle's biscuit sales means the company may have to slash production

Parle Products plans to focus on existing brands, premiumisation

Last year, Parle forayed into the Rs150-tn pulses market in India with its premier Fresh Harvest brand