Fmcg News - Latest Updates & Headlines
Indian consumer sector to see recovery from Q1FY26 led by rural revival: Report
New Delhi, April 12: The Indian consumer sector will see a gradual recovery starting from the first quarter of financial year 2026 (Q1FY26), driven by encouraging signs of rural revival, even as urban demand remains tepid in the near term, according to a report by HDFC Securities.
FMCG companies facing stiff competition from regional players on margins: Report
New Delhi, April 10: FMCG companies are currently navigating a tough business environment. They are dealing with rising competition from smaller regional brands and new-age direct-to-consumer (D2C) companies, according to a report by Axis Securities.
FMCG sector is set for a gradual recovery; outlook for FY26 more positive: Report
New Delhi, April 9: The Fast-Moving Consumer Goods (FMCG) sector is better positioned to deal with the current market uncertainties, says a report by Phillip Capital
India's Industrial and Logistics sector set for strong growth in 2025 due to high demand from E-commerce: CBRE
New Delhi, March 28: India's industrial and logistics (I&L) sector is expected to witness strong growth in 2025, driven by increasing demand for warehousing, particularly from e-commerce companies, according to a report by CBRE.
Rasna to extend retail network to 1 lakh outlets by end of 2026: Chairman Piruz Khambatta
New Delhi, March 22: Rasna International will extend its retail network to 100,000 outlets by the end of 2026, targeting a growth of 30 per cent, said Rasna Chairman Piruz Khambatta.
FMCG sector's revenue in India to rebound by 6-8 pc next fiscal: Report
New Delhi, March 19: The revenue of India's fast-moving consumer goods (FMCG) sector is likely to rise by 6-8 per cent in FY26, compared to an estimated 5-6 per cent growth in FY25, a new report said on Wednesday.
FMCG revenues in India to see 100-200 basis points recovery in 2025-26, Crisil says
New Delhi, March 19: India's fast-moving consumer goods (FMCG) sector should see revenue rebound 100 to 200 basis points to 6-8 per cent in the next fiscal year 2025-26, compared with a more modest 5-6 per cent expected rise in the current financial year 2024-25, Crisil Rating said Wednesday in a report.
Unilever CEO bullish on India's growth, bets big on quick commerce
New Delhi, March 10: FMCG major Unilever's newly-appointed CEO, Fernando Fernandez, has expressed strong confidence in India’s growth potential and evolving consumer preferences.
FMCG distributors file complaint against quick commerce platforms over discounts
New Delhi, March 7: A body representing FMCG distributors on Friday filed a petition with the Competition Commission of India (CCI), accusing quick commerce platforms Blinkit, Swiggy, and Zepto of allegedly engaging in anti-competitive practices.
Britannia CEO Rajneet Kohli quits, company's shares dip
Mumbai, March 6: FMCG major Britannia Industries announced on Thursday that its Executive Director and Chief Executive Officer (CEO) Rajneet Singh Kohli has resigned from his position with effect from March 14, 2025.
CFO Fernandez to replace Schumacher as Unilever CEO, Srinivas Phatak to be acting CFO
New Delhi, Feb 25: Global FMCG giant Unilever announced on Tuesday that Hein Schumacher is stepping down as Chief Executive Officer and Chief Financial Officer Fernando Fernandez will be appointed to replace him in the top job with effect from March 1, 2025.
Reliance's new Guwahati plant will provide employment to 1,300 youth: Assam CM
Guwahati, February 22: The Chief Minister of Assam, Himanta Biswa Sarma, on Saturday expressed his happiness over the inauguration of the new bottling plant of Reliance Consumer Products Ltd (RCPL) and said that it will provide employment to 1,300 youth of the state.
Reliance Consumer Products acquires Velvette, strengthens its FMCG portfolio
Chennai, February 14: Reliance Consumer Products Limited (RCPL) has announced the acquisition of Velvette, the iconic FMCG brand renowned for revolutionizing personal care with its innovative sachet packaging.
Patanjali Foods' Q3 expenses surge 11.2 pc, FMCG segment's revenue drops 18.4 pc
New Delhi, Feb 11: Swami Ramdev's Patanjali Foods has reported a significant increase in its total expenses for the third quarter of the financial year 2024-25, which rose by nearly 11.2 per cent to Rs 8,653 crore in Q3, compared to Rs 7,781.64 crore in Q2 FY25.
Patanjali Foods reports highest quarterly standalone revenue in Q3FY25; area under palm plantation at 87,109 hectares
New Delhi, February 11: Patanjali Foods Limited reported "highest ever quarterly standalone revenue from operations" in Q3FY25 and a 48.79 per cent increase in EBITDA on a year-on-year basis.
Agro Tech Foods Limited completes acquisition of Del Monte India
Gurgaon, February 6: Agro Tech Foods Limited, ATFL, announced the successful completion of its acquisition of Del Monte Foods Private Limited (DMFPL), marking a significant milestone in its expansion strategy.
Nifty Sensex closes flat on Budget day, FMCG, Realty stocks rally
Mumbai, February 1: The Indian stock markets closed flat on Budget day after a highly volatile trading session, especially during the Union Budget speech by Finance Minister.
Tata Consumer Q3 profit falls 5 pc to Rs 299.75 crore, revenue rises 16.8 pc
Mumbai, Jan 30: Tata Consumer Products on Thursday posted a consolidated net profit of Rs 299.75 crore, with a 5 per cent decline on a YoY basis, for the third quarter (Q3) of the financial year 2024-25, against Rs 316 crore in the same period of the last fiscal.
Adani Wilmar logs highest-ever quarterly profits in December quarter
Ahmedabad, January 27: Adani Wilmar reported its highest-ever quarterly net profit of Rs 411 crore in the October-December quarter, up by 105 per cent year-on-year. In the year-ago quarter, the profit after tax was at Rs 200.89 crore.
Adani Wilmar clocks 105 pc profit jump in Q3, revenue rises 31 pc
Mumbai, Jan 27: Adani Wilmar saw its stock rising on Monday after the company reported a 105 per cent jump in net profit at Rs 410.57 crore in Q3 FY25, compared to Rs 201 crore in the same quarter last year.
HUL's profit up 19 pc in Q3, acquires 90.5 pc stake in Minimalist for Rs 2,955 cr
New Delhi, Jan 22: Hindustan Unilever Ltd (HUL) on Wednesday reported a 19 per cent increase in its net profit for the third quarter this fiscal at Rs 3,001 crore, compared to Rs 2,519 crore in the same quarter in the year-ago period.
Unilever to set up palm oil and bottle caps manufacturing units in Telangana
Davos, January 21: Fast-moving consumer goods company, Unilever will establish palm oil manufacturing unit in Kamareddy district in Telangana and bottle caps making unit in the state, according to an official release.
Unilever to establish two manufacturing units in Telangana
Hyderabad, Jan 21: Unilever, a global leading FMCG player, has agreed to establish two manufacturing units in Telangana.
FMCG sector urges infra investment, tax reforms, job creation in Budget 2025 to boost demand
New Delhi, January 21: The fast-moving consumer goods (FMCG) and retail sector has emphasised the need for investments in digital infrastructure, skill development, and MSME promotion in the upcoming union budget to reignite consumption and spending in the economy.
Brands likely to pour in Rs 2,000 crore for advertising as Maha Kumbh begins
New Delhi, Jan 13: As the Maha Kumbh 2025 began on Monday, companies across the spectrum are trying to capitalise on a huge opportunity to reach at least 45 crore people, and are likely to pour in thousands of crores in marketing campaigns and activities on the ground.
DMart Q3 net profit rises around 5%, revenue soars 17.7%
New Delhi, January 12: Avenue Supermarts, one of the largest food and grocery retailers in India branded as DMart, declared its standalone and consolidated financial results for the quarter and three quarters that ended in December 2024.
Quick commerce to expand into new categories and cities in 2025; smaller cities embrace the model: Bernstein Report
New Delhi, January 7: India's quick commerce sector is expected to expand beyond groceries into new categories and cities in 2025 as Tier-2 and smaller cities embrace this model, says a report by Bernstein.
FMCG, retail companies in India chalk fresh strategies amid sluggish consumption demand
New Delhi, January 5: As part of their efforts to navigate through the troubled waters against the backdrop of sluggish consumption demand in the overall economy, businesses in the Fast-Moving Consumer Goods (FMCG) and retail space are preparing strategies for the upcoming quarter of financial year 2025.