Top FMCGs bounce back on personal care, winter items
3 years, 11 months ago

Top FMCGs bounce back on personal care, winter items

Live Mint  

India’s top fast-moving consumer goods companies such as Dabur India, Marico Ltd, Emami Ltd, and Jyothy Labs reported strong December quarter earnings, helped by an improvement in urban markets and a strong demand for winter products and personal care brands. Most companies reported strong domestic volume growth during the quarter, though inflationary pressures on key raw materials pushed them to raise prices of hair oil, cooking oil and soap. On Friday, Dabur India Ltd reported its highest ever quarterly revenue and profits in the December quarter with a 18.1% volume growth in domestic business. The maker of Parachute hair oil said its quarterly growth was led by the rural markets, which has been outpacing urban demand.

Growth Markets Rural Urban Quarter Marico Urban Markets Rural Markets  marico  personal  items  strong  urban  growth  fmcgs  quarter  winter  volume  rural  bounce  reported  care  oil  markets

History of this topic

FMCG Q3 preview: Rural consumption holds up, but urban slump may weigh on consumer goods companies
2 days, 6 hours ago

FMCG Q3 preview: Rural consumption holds up, but urban slump may weigh on consumer goods companies

Live Mint  

New Delhi: Despite some pockets of resilience in rural markets and price hikes to combat inflation, India’s consumer goods companies faced a challenging third quarter. A delayed winter added to weak urban demand woes and inflationary pressures, and several consumer goods companies are expected to report low single-digit revenue growth and margin contraction for the October-December period. On Monday, Mumbai-based …

ITC, Marico to Britannia: Why are FMCG stocks under pressure today? Explained
Trending News
1 month ago

ITC, Marico to Britannia: Why are FMCG stocks under pressure today? Explained

Live Mint  

Stock Market Today: FMCG stocks came under significant selling pressure on Monday, December 9 as a weak mid-quarter business update from Godrej Consumer Products raised concerns across the sector about demand revival. Indian FMCG companies are currently grappling with twin challenges: rising commodity prices and weak demand from urban consumers, which severely impacted margins in the second quarter. Godrej Consumer …

India's Rural Demand Surpasses Urban Markets in FMCG Growth
8 months ago

India's Rural Demand Surpasses Urban Markets in FMCG Growth

Deccan Chronicle  

Chennai: Rural demand for packaged consumer goods outpaced urban markets for the first time in five quarters, while the FMCG industry witnessed 6.5 per cent growth in sales volume in the March quarter, according to NielsenIQ. On the other hand, urban markets reported a 5.7 per cent year-on-year rise in demand and the growth was slower than the December quarter’s …

Rural demand slows down for FMCG
1 year, 2 months ago

Rural demand slows down for FMCG

Live Mint  

Consumer goods companies pointed to sluggish recovery in rural demand in the September quarter and said demand will improve “gradually” even as urban markets charged ahead helping companies lift quarterly volumes. While urban sentiment improved sequentially, instances of higher food inflation and uneven rainfall distribution led to a slower-than-expected pace of recovery in rural demand, the company said. In an …

FMCG firms to stay in the slow lane this year
4 years, 5 months ago

FMCG firms to stay in the slow lane this year

Live Mint  

Market researcher Nielsen now projects India’s packaged consumer goods sales to shrink or remain little changed from last year, slashing its rather optimistic 5-6% growth estimate made on 30 April on hopes that the sector would better withstand the fallout from the coronavirus pandemic. “Despite increased household consumption, even in the dairy sector, overall growth would remain flat for the …

FMCG no longer fast moving as rural demand fizzles out
5 years, 8 months ago

FMCG no longer fast moving as rural demand fizzles out

Live Mint  

Mumbai: India’s consumption engine is losing steam as rising prices and lower purchasing power in the countryside hit the brakes on demand growth. The fast-moving consumer goods industry this year will grow at least two percentage points slower than in the last quarter of 2018, consumer insights firm Nielsen said on Wednesday. Historically, rural has grown 3-5% points faster than …

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