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Marico Q3 Net profit down by 6.82 pc at Rs 191.64 cr

FMCG firm Marico on Friday reported 6.82 per cent decline in consolidated net profit at Rs 191.64 crore for the October-December quarter on account of lower income due to demonetization. The company had posted a net profit of Rs 205.68 crore...

FMCG companies hopeful of growth-oriented Budget

After taking a demonetisation hit, FMCG companies are pinning hopes on a growth oriented Budget to see a revival in consumer confidence and create demand both in urban and rural markets. "We are expecting a growth-oriented Budget with various stimuli...

India Food Forum 2017: Next-gen innovations, trends, market insights, products and food-tech

The 10th edition of India's largest food intelligence event - India Food Forum will kick start from 31st January to 2nd February 2017 at MMRDA Ground, Bandra Kurla Complex, Mumbai. The three day event will kick off its 2017 edition...

FMCG biggies eagerly wait for GST, call note ban temporary setback

The FMCG sector - already reeling under the impact of two slow growth years were hopeful they would turn the corner this fiscal on the back of a good monsoon and the Seventh Pay Commission handout - was delivered a...

Reliance Retail, Walmart among key retailers all set to revolutionise product data exchange between brand owners

GS1 India has recently launched a new DataKart service, a repository of retailed products, which has been developed based on Industry and consumer needs; for a single source of trusted, reliable and accurate information on products sold through retail...

FMCG firms go 'web first' to launch new products; get instant feedback, wide reach

In recent times, online retail channels have caught the fancy of many marketers, who ditched the traditional retail route by placing new launches online first. Cases in point are smartphone makers like Xiaomi, Hugo Barra, and Gionee who launched...

Marico Q2 reports 18 pc increase in consolidated net profit

FMCG firm Marico has  reported a 18.05 per cent increase in consolidated net profit at Rs 180.56 crore for the September quarter. The company had reported a net profit of Rs 152.95 crore in the corresponding quarter a year ago. Marico's...

Patanjali's Acharya Balakrishna enters India's rich club with Rs 25,600 crore

After giving major FMCG, and consumer goods companies - like HUL, Dabur, Colgate Palmolive et al - a run for their money with its 'Ayurveda-based' products, Patanjali Ayurved's CEO, Acharya Balakrishna is now surpassing retail biggies in terms of the wealth he has. Balakrishna, the...

5 retail brands that are doing well by doing 'good'

For far too long, brands have been busy trying to sell to customers via the materialistic side of things. However, as consumers get more informed, engaged and vocal, brands are evolving with them, experimenting with innovative marketing ways to influence...

Marico's Q1 net profit rises to 17.23%

Fast moving consumer goods (FMCG) major Marico on Friday reported a rise of 17.23 per cent in its consolidated net profit for the first quarter (Q1) ended June 30. The company's net profit increased to Rs 267.90 crore during the...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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