Besides, D-Mart has also expanded its e-commerce operations in select pin codes of Pune City.
Net Sales are expected to increase by 7.5 percent Y-o-Y (up 2.1 percent Q-o-Q) to Rs. 1,966.2 crore, according to ICICI Direct.
Net Sales are expected to decrease by 2.3 percent Y-o-Y (up 22.9 percent Q-o-Q) to Rs. 11,594.6 crore, according to ICICI Direct.
Net Sales are expected to increase by 13.4 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 11,005.3 crore, according to ICICI Direct.
Net Sales are expected to increase by 6.5 percent Y-o-Y (up 19 percent Q-o-Q) to Rs. 2,356.1 crore, according to ICICI Direct.
Direct seller firm witnesses increase in online sales from 33.6 percent in February 2020 to over 70 percent in September 2020. Before lockdown in March, the company had executed 1 lakh deliveries, accounting for 40 percent of total sales count.
Business has for long had an eye on the staples in a consumer’s basket. The govt’s reforms for the farm sector could make it a viable and scalable proposition
According to JM Financial, ITC’s FMCG segment is possibly one of the most under-appreciated businesses in the Indian consumer space in recent times.
From undertaking sales force automation to roping in marketing professionals, from charting out aggressive growth plans to fanning out across the country, and from ending ‘jugaad’ marketing and earmarking a decent amount for marketing and sales, the Sehgals have made a brand out of a commodity.
FMCG consumption was the hardest hit in bigger cities in India during the lockdown period, it said adding that the sector is seeing a cautious recovery in the country
HUL's chairman is worried by signs of urban distress and wants the government to do more to put money in the hands of consumers. That’s a message for investors in FMCG stocks, too
With Choco Fills, ITC was not only taking the fight to the leader but also fighting on its own terms with an innovative product.
About 97 percent of HUL's products are gaining marketshare in volume terms compared to 86 percent two months earlier
Shareholders want ITC to restructure its businesses to unlock value but will that be good for the company as well?
Media reports suggest most companies have resumed normal operations from June and witnessed the benefit of pent-up demand. Rural growth has been ahead of urban, and this trend is likely to sustain in FY21.
The resolution plan can be prepared based on the borrower's pre-COVID operating and financial performance of the borrower and impact of Covid-19 on its operating and financial performance in Q1 and Q2FY21, to assess the cash-flows for FY21/FY22 and subsequent years.
The rule was simple: Twenty percent of the brands and SKUs (stock keeping units), which contribute to 80 percent of Britannia’s revenue, were put on priority list
Digital and online ads give advertisers more bang for the buck compared to television, where an ad spot of a few seconds costs lakhs, or print, which is also expensive and good for only a short period in a day
Venture Partner Kannan Sitaram says all FMCG companies are doing much better during COVID days than during pre-COVID days. There is a pent-up demand for almost all products. Consumption has increased, with people working from home, he says.
The maker of the ‘Gabbar ki asli pasand’ biscuit rolled out a premium biscuit brand, Good Day, in 1986.
Puri, who completed a year in office as the company’s chairman this May, has made no bones of the company’s intent to shed its traditionalist approach on acquisitions in the FMCG space, which may well hold pointers of what could be coming.
Nestle Milkmaid, Marico and Yardley lead the show. Traditionally, the 10-day harvest festival is a broad indicator of consumer sentiment and overall adspend. Owing to COVID-19, campaigns muted this time. Hindustan Unilever has stayed away from big ad spends so far
Dabur Red has weathered the Patanjali storm and stayed ahead of Dant Kanti, and is now closing in on its nearest rival Closeup, which is second in the pecking order after Colgate.
The challenge for Patanjali is to now stay on course with a focused strategy
AIFPA hopes the rate for packaged food will be cut to 5% from 12% at the upcoming GST Council meet on August 27.