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Nestle India enters into millets-based Ready-to-Make category

The company has introduced a+ masala millets containing bajra in the select market of NCR and online but has plans to expand it to other markets as it scales up New Delhi: FMCG maker Nestle India has entered into the...

Nestle India shares declines over 3% post Q2 earnings announcement

The stock of Nestle India fell 3.16 per cent to Rs 22,081.75 apiece on the BSE. It was later trading at Rs 22,260.95, down 2.38 per cent over its previous close New Delhi: Shares of Nestle India on Thursday declined...

FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

FMCG companies are chasing volume growth again after a gap of a few quarters, offering higher grammage and price cuts thanks to inflationary pressures New Delhi: Encouraged by volume growth, margin improvement and recovery in rural sales, India's top fast-moving consumer...

Nestle India Q1 net profit up 24.7 pc to Rs 736.64 cr, net sales up 20.4 pc to Rs 4,808.40 cr

Nestle India Q1 net profit up 24.7 pc to Rs 736.64 cr, Nestle India Chairman and Managing Director Suresh Narayanan said this is the highest growth for Nestle India in any quarter in the last 10 years, except the...

FMCG makers keeping close watch on softening commodity prices; may extend some benefits

Softening of commodities prices will help the FMCG firms in improving their profit margins and also some elbow room to pass on the benefits to consumers New Delhi: Leading FMCG companies say they are keeping a close watch on...

FMCG makers keeping close watch on softening commodity prices; may extend some benefits

Softening of commodities prices will help the FMCG firms in improving their profit margins and also some elbow room to pass on the benefits to consumers New Delhi: Leading FMCG companies say they are keeping a close watch on...

FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases

In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur and Nestle have reported volume growth as well New Delhi: The FMCG industry expects an improvement in...

Nestle hopes to reach 1.2 lakh villages in next 2-3 years

With focus on fast-growing rural market, FMCG major Nestle has plans to reach around 1.2 lakh villages with each having population of over 5,000 over the next two-three years, supported by distribution expansion and some portfolio tweaking, its Chairman & Managing Director...

How retail can accelerate vaccinations and return to normalcy

“So, launching Wheel powder, is really sweating blood,” opined Dr. Ashok Ganguly, the Chairman of Hindustan Lever in 1989, as we worked through the tiny lanes of Dharavi. We had spent the entire day, working 35 shops in this...

Nestlé’s €3.58bn plan to halve carbon emissions by 2030 suggests overall industry shift

According to Ryan Whittaker, Consumer Analyst at GlobalData, a leading data and analytics company: “Nestlé’s ambitious plans reveal how pervasive environmental issues have become in the corporate and consumer world. In fact, GlobalData’s most recent surveys suggest that the COVID-19 pandemic...
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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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