Marico shares jump 6% as strong Q2 puts growth story in overdrive, sparks bullish callsMarico reported a 31% YoY rise in Q2 FY27 net profit to Rs 550 crore, while revenue grew 12% to Rs 3,897 crore. Improved margins and strong...
Reliance Consumer expands Independence biscuit portfolio with nine variantsReliance Consumer Products Ltd will launch an expanded Independence biscuit portfolio consisting of nine variants. These products aim to ca...
India's urban shoppers spend 13% more on FMCG but shop less oftenIndia's urban shoppers are increasing grocery spending while making less frequent trips, reflecting higher prices' impact. Online sales are...
ITC flags illicit trade pressure on cigarettes; digital-first businesses grow over 70%ITC Ltd has reported a significant increase in its digital-first and organic FMCG portfolio, achieving over 70% year-on-year growth. Howeve...
ITC Q2 Results: Profit falls 18% to Rs 4,229 crore, revenue rises 5%ITC Q2 Results: ITC Ltd reported an 18.5% decline in consolidated net profit for the September quarter on Monday as a sharp fall in earning...
Mold-Tek Packaging shares surge 17% as Q2 FY 27 profit jumps 35% YoY to Rs 21 croreMold-Tek Packaging shares surged nearly 17% after the company reported a 35.5% YoY rise in Q2 FY27 net profit and 30.5% revenue growth. Str...
JioHotstar launches StreamToCart Ads, enabling in-stream shopping through InstamartIntroducing a game-changer in digital advertising, JioHotstar has launched StreamToCart Ads, an interactive format that merges streaming wi...
Maxop Engineering buys majority stake in Faith AutomationFaith manages every stage of a project, from process planning and mechanical design through robot programming, system integration and on-si...
ITC Q2 Results Preview: Profit seen falling nearly 30% YoY as cigarette tax hikes biteITC is expected to report a weak Q2, with brokerages forecasting an 8% decline in cigarette volumes and a drop of up to 29% in cigarette op...
Gen Z brands are breaching the last citadel of legacy consumer firmsIndia's Gen Z and D2C brands are challenging FMCG giants like Hindustan Unilever, ITC and Marico by expanding into kirana stores. New-age b...
Global FMCG giants find an Indian answer to their Western slowdownGlobal consumer giants including PepsiCo, Nestle, Unilever, Pernod Ricard and Coca-Cola are increasingly looking to India for growth as dem...
Market wrap: Adani Ports SEZ, Adani Ent, Trent, Maruti Suzuki top gainers and losers on Nifty and Sensex on ThursdayIndian equities rallied on Thursday, with the Sensex rising 905 points and the Nifty gaining 238 points as easing crude oil prices, the US ...
Kirana stores make room for new generation FMCG brands as they muscle past legacy giantsIndia's kirana market has seen new-age consumer brands expand their market share to nearly 22%. This increase has impacted the dominance of...
AWL Agri Business experiences 2% profit drop, emphasises growth in packaged food and exportsAWL Agri Business has reported a 2% decline in consolidated net profit for the September quarter. Revenue from operations, however, increas...
Centre eases GST rules for post-sales discounts, no prior agreement needed from November 1The Centre eases GST rules on post-sales discounts from November 1, no longer requiring a prior agreement, which is expected to help FMCG a...
Tata Consumer shares rally over 4% after Q2 results. Why brokerages remain bullish despite target price cutsTata Consumer Products reported 16% year-on-year profit growth in Q2FY27, while brokerages retained positive ratings but cut target prices ...
Financials, FMCG lead FPI sell-off; IT stocks buck the trend in first half of OctoberIn the early days of October, there was a notable retreat of foreign portfolio investors from several sectors, particularly in financial se...