FMCG DEMAND
FMCG makers expect single-digit revenue growth, margin improvements in April-June quarter Fast-moving consumer goods cos expect single-digit volume growth along with expansion in margins during the April-June quarter of this fiscal, helped by a revival in rural demand and a stable urban market. Listed FMCG companies such as Dabur, Marico...
07 Jul, 2024, 06.22 PM ISTFMCG makers expect single-digit revenue growth, margin improvements in April-June quarter FMCG companies like Dabur, Marico, and Adani Wilmar expect single-digit volume growth and margin expansion in the April-June quarter. Positive demand trends are observed, particularly in the rural market. Overall, FMCG players anticipate 7-9% revenu...
07 Jul, 2024, 12.25 PM ISTDabur sees improvement in demand, rural growth in Q1 The domestic business is expected to record mid-single-digit volume growth and its consolidated revenue is expected to register mid-to-high single-digit growth during Q1 FY25, said Dabur, which owns brands such as Dabur Chyawanprash, Dabur Honey, Da...
05 Jul, 2024, 07.31 PM IST- ADVERTISEMENT
India's FMCG sector to see revenue growth of 7-9 pc in fiscal 2024: CRISIL CRISIL forecasts 7-9% revenue growth for the FMCG sector in the current fiscal year, driven by increased volume and rural demand recovery. The report highlights stable product prices in personal care and home care, while food and beverages face mode...
04 Jul, 2024, 04.27 PM ISTRise in value-seeking customers, key FMCG sectors face tampering of growth: Report The report highlighted a significant shift in consumer spending patterns with a rise in value-seeking buyers, which is evident across consumer businesses. While the consumer may increase their spending on leisure activities, suggesting a good perfor...
25 Jun, 2024, 09.12 PM ISTGreen shoots seen in rural demand: Wipro Consumer CEO Vineet Agrawal, CEO of Wipro Consumer Care and Lighting, noted positive signs of growth in rural demand and anticipates a recovery in the hinterland by September, supported by favorable monsoon conditions and a successful harvest. Furthermore, he su...
12 Jun, 2024, 07.08 AM ISTPM Modi shows rural bent, OKs ₹20kcr for PM Kisan Nidhi Scheme The Prime Minister approved the 17th instalment of the PM Kisan Nidhi Scheme, benefiting 93 million farmers with around ₹20,000 crore. This move is seen as a boost to rural demand and consumer stocks. The new coalition government is expected to focu...
10 Jun, 2024, 11.25 PM ISTModi 3.0: FMCG companies can cheer the new coalition government In a symbolic move, Prime Minister Narendra Modi's first action after being sworn in for a third term was releasing the 17th PM-KISAN installment, providing financial relief to 9.3 crore farmers. With a weaker mandate, the government is expected to ...
10 Jun, 2024, 04.52 PM ISTNifty 50 could scale new peak this week, believes Rajesh Palviya There was uncertainty when the counting was happening. So, most of the bags moved to the defensive sector and in the defensive sector FMCG, pharma, these two pockets were majorly focused by the market participants.
08 Jun, 2024, 05.08 PM ISTAfter a 5% rally in 2 days, ITC earns a downgrade. Here's why Emkay Global downgraded ITC to 'add' at Rs 460 citing near-term pressures like margin stress. Analysts' recommendations from Trendlyne data show 31 buy, 2 hold, and 1 sell. ITC shares yielded negative returns recently.
06 Jun, 2024, 12.33 PM ISTRural demand theme blooms Investor money is shifting to defensive shares like FMCG, healthcare, and information technology following the lower-than-anticipated seats for the BJP in recent elections. Marico, Godrej Consumer, Nestle India, ITC, Britannia, HUL, and Dabur saw si...
06 Jun, 2024, 07.09 AM ISTWhite collar hiring improving as demand from Oil & Gas, Banking, FMCG sectors rises: Report White collar hiring in major sectors like Oil and Gas, Banking, and FMCG showed steady improvement, with a 6% increase in May compared to April, driven by Healthcare and Travel and Hospitality. However, overall white-collar hiring was down by 2 per ...
05 Jun, 2024, 06.42 PM ISTIn Focus: Scrips that like a cloud on the horizon Companies such as Hindustan Unilever (HUL), Britannia, Dabur, Hero Motocorp, Westlife Foodworld, Shoppers Stop and others have already indicated in their commentary a gradual demand recovery if the monsoon forecast turns out to be accurate.
28 May, 2024, 06.41 AM ISTSudip Bandyopadhyay on strategies to navigate Nifty's pre-election volatility Financial expert Sudip Bandyopadhyay provided insights into the current market trends and future expectations. He emphasized that market volatility will persist until the election results are announced on June 4th, but he remains optimistic about th...
25 May, 2024, 05.18 PM ISTConsumption demand remained subdued in Q4, rural India recovered after several quarters: ITC FMCG major ITC notes subdued Q4 consumption but rural demand recovery. Q4 profit below estimates at Rs 5,190 crore; revenue up 2% to Rs 19,446.5 crore. Cigarette revenue rises 7.7%, FMCG (excluding cigarettes) up 7.2%, impacted by low priced Chinese...
23 May, 2024, 03.16 PM ISTFMCG demand most in five southern states: Discretionary or essential, sales go north in south South India leads post-Covid demand recovery with increased FMCG sales, higher consumer spending, and more shopping trips in 2023, a Kantar report shows. Retail sales growth in the peninsula region outperforms the rest of India. The region's rapid r...
19 May, 2024, 07.00 PM ISTA heavy monsoon season is great news for these Indian stocks Stocks of Indian firms reliant on rural demand are rising with optimistic monsoon forecasts. Motorcycle, farm-equipment, and FMCG companies are seeing improved sales in rural areas. Nifty FMCG Index is up, Hindustan Unilever and Dabur India expect d...
19 May, 2024, 01.02 AM ISTRoosevelt Dsouza of Nielssen on whether the trend of rural India catching up in FMCG demand is durable Roosevelt Dsouza of NielsenIQ discusses FMCG trends, emphasizing rural-urban gap. Growth driven by small pack preferences and personal care in rural areas. CEOs review Nielsen report. India awaits rural recovery. Consumer behavior shifts to volume g...
17 May, 2024, 10.02 AM ISTFMCG companies to see muted demand in June quarter, recovery likely in H2 Overall volumes, which indicate the number of products consumers bought, expanded 5.2% in the March quarter, unchanged from the three months to December. Sales volumes in rural markets climbed 5.8%, and in cities by 4.7%, from a year earlier, data f...
13 May, 2024, 12.02 AM ISTRural FMCG sales outgrew urban for the first time in 5 quarters in Q1: NielsenIQ In the January-March ’24 quarter, rural markets surpassed urban consumption for packaged consumer goods for the first time in five quarters, with rural growth at 7.6% while urban demand declined by 5.7%. Overall FMCG sector value grew by 6.6% driven...
07 May, 2024, 12.14 PM IST