Rural demand and strategic investments drive significant revenue and profit growth Colgate-Palmolive (India) revealed its financial results for the first quarter ended 30 June 2024, reporting robust performance across key metrics. The company delivered a 13 per cent year-on-year growth in net sales, increasing to Rs 1,485.8 crore from Rs 1,314.7 crore. This growth was […]
Strategic focus on premiumisation and innovation drives impressive growth for LT Foods LT Foods revealed its unaudited consolidated financial results for the first quarter ended 30 June 2024. The company’s total revenue for Q1 FY25 stood at Rs 2,088 crore, marking a 17 per cent increase year-on-year. Gross profit reached Rs 700 crore, up 16 […]
Strategic initiatives and product innovation drive Nestle India’s growth despite inflationary pressures Nestle India reported a revenue growth of 3.3 per cent YoY, reaching Rs 4,813.9 crore. Despite facing lower consumption growth, the company achieved decent growth due to an improved product mix and increased sales volume. The company reported a 5.6 per cent YoY […]
Parag Milk Foods achieves growth in core categories and improved margins amidst soft raw material prices Parag Milk Foods has revealed its unaudited financial results for the quarter ending 30 June 2024. The company has reported robust growth figures, showcasing its strong market presence and effective strategies. In Q1 FY25, Parag Milk Foods recorded a […]
LDC relaunched its Vibhor edible oil brand in India to tap into the growing B2C market With over 25 years of presence in India, Louis Dreyfus Company (LDC), a global merchant and processor of agricultural goods, announced today the relaunch of Vibhor, its consumer-facing edible oil brand in India, in line with LDC’s broader strategy […]
9 out of 10 people expressed a desire to make the switch to healthier snacking choices, 67 per cent of Indians prefer makhana and dry fruits as the go-to healthy snacks Farmley unveiled its Healthy Snacking Report 2024 at the first Indian Healthy Snacking Summit held in the national capital. Mapping the evolving consumer trends […]
Operating margins for FMCG companies are projected to expand by 50-75 basis points to reach 20-21 per cent India’s fast-moving consumer goods (FMCG) sector is expected to experience revenue growth of 7 to 9 per cent in the fiscal year 2024, driven by increased sales volumes and a resurgence in rural markets, according to a […]
This acquisition is a major step in PFL’s move to becoming a leading fast-moving consumer goods (FMCG) company in India by capitalising on the strong brand equity of PAL Patanjali Foods Limited (PFL) has secured board approval for the acquisition of the Home and Personal Care (HPC) business from Patanjali Ayurved Limited (PAL) for a […]
Seven states, including Maharashtra, Karnataka, Telangana, Haryana and New Delhi, have allowed shops and establishments to operate 24 hours a day Seven states, including Maharashtra, Karnataka, Telangana, Haryana and New Delhi, have allowed shops and establishments to operate 24 hours a day. This move has led to a surge in consumer spending, particularly during late-night […]
The brand reaches 25 crore households as 100 new products get introduced during the year ITC’s vibrant portfolio of over 25 world-class Indian brands represents an annual consumer spend of nearly Rs 32,500 crores and reaches over 250 million households in India. These home-grown, purpose-led Indian brands, powered by agile innovation, support the competitiveness of […]
