India Leads Coca-Cola’s Volume Growth Amid Headwinds
The Coca-Cola Company has registered a two per cent growth in its unit case volume in the March quarter, led by India, China and Brazil
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Consumer Products Booming, But Price Hikes Mask Volume Woes: Bain Report
- by BW Retail World Bureau
- February 17, 2024
The consumer products sector witnessed remarkable growth throughout 2023, with the retail sales value (RSV) surging globally by nearly 10 per cent year over year, as revealed by a survey report conducted by Bain & Company. However, this growth was predominantly driven by price increases rather than volume gains, with price hikes accounting for approximately […]
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India’s CPG Sector Beats Global Trend With Balanced Growth Despite Inflation
- by BW Retail World Bureau
- February 16, 2024
India’s consumer packaged goods (CPG) sector experienced well-balanced growth in 2023, witnessing an increase in retail sales value coupled with volume gains, according to a report by Bain & Company. The report highlighted a global trend where 75 per cent of growth was attributed to price increases in 2023, yet India stood out as one […]
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Berger Paints Q3 Profit Surges 49% Driven By Volume Growth & Tier 2, 3 Cities
- by BW Retail World Bureau
- February 7, 2024
Berger Paints on Tuesday reported a 49 per cent year-on-year (YoY) rose in its consolidated net profit to Rs 300.16 crore for the third quarter of the current financial year. Revenue from operations also climbed by 7 per cent to Rs 2,881.83 crore during the October-December period, the company said in a regulatory filing. Earnings […]
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Akzo Nobel India Q3 Profit Jumps 16.84%, Revenue Crosses Rs 1,000 Cr
- by BW Retail World Bureau
- February 7, 2024
Paint maker Akzo Nobel India on Tuesday reported a 16.84 per cent year-on-year (YoY) increase in its consolidated net profit to Rs 113.80 crore for the third quarter, this fiscal, from Rs 97.40 crore for the same period last fiscal. The company’s revenue rose 4.65 per cent y-o-y at Rs 1,032.70 crore for the third […]
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Adani Wilmar Profit Drops 18% YoY, Revenue Down 17% In Q3
- by BW Retail World Bureau
- February 1, 2024
Adani group’s FMCG arm Adani Wilmar on Wednesday reported an 18 per cent year-on-year (YoY) dip in its December quarter profit at Rs 200.9 crore as against Rs 246.1 crore in the year-ago quarter. The company had reported a loss of Rs 130.7 crore in the September quarter of FY24. Its revenue decreased by 17 […]
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Marico Q3 Revenue Dips 2% Amid Soft Rural Demand, Profit Up 16%
- by BW Retail World Bureau
- January 30, 2024
Marico, the FMCG company, reported a Q3FY24 profit of Rs 386 crore, marking a 15.9 per cent increase compared to Rs 333 crore in the third quarter of FY23, surpassing estimates. The revenue from operations stood at Rs 2,422 crore, reflecting a 1.9 per cent decrease, with underlying volume growth of 2 per cent in […]
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Paper Industry Revenue Slips In FY24 As Volume Growth Stagnates
- by BW Retail World Bureau
- January 10, 2024
In the fiscal year 2023, the domestic paper industry experienced robust growth of 42 per cent in revenue, primarily propelled by augmented realisations, notably within the printing and writing paper (PWP) segment. However, as the industry navigates through FY2024, shifts in market dynamics have prompted a reassessment of expectations. According to rating agency Icra analysis, […]
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FMCG Sector Forecasts Mid Single-Digit Volume Growth In Q3, Margin Expansion Expected
- by BW Retail World Bureau
- January 6, 2024
Analysts anticipate a sluggish revenue growth in the third quarter of FY24 for the fast-moving consumer goods (FMCG) sector due to subdued volumes, despite the favorable impact of lower raw material prices on gross margins. The persisting demand challenges have led to restrained volume growth across FMCG products. Rural volumes lag behind urban figures, impacted […]
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Dabur Expects Consolidated Revenue Mid-to-High Single-Digit Growth In Q3
- by BW Retail World Bureau
- January 5, 2024
Dabur said in a third-quarter report on Thursday that it anticipates consolidated sales to climb in the mid to high single digits, a small improvement over the July-September period. The company which is the producer of Real juice, Homemade sauces, and Chyawanprash stated in a stock exchange filing that its foods and beverages business, which […]