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Colgate-Palmolive India Q2 profit rises 16 pc to Rs 395 cr; sales up 10 pc to Rs 1,609 cr, ET Retail

Colgate-Palmolive India Ltd posted a 16.17% net profit increase for the September 2024 quarter, amounting to Rs 395.05 crore. This growth was driven by broad-based portfolio gains and heightened adver

ET Retail
24 Oct 2024

Colgate Tootpaste: Colgate-Palmolive expects continued difficulties in market, ET Retail

Colgate Tootpaste: Colgate reports high single-digit growth for toothpaste and double-digit growth for toothbrush products in the second quarter. Core brands Colgate Maxfresh and Colgate Strong Teeth

ET Retail
24 Oct 2024

Coca Cola India: Coke sales hit by heavy monsoons in India, Retail News, ET Retail

Coca Cola India: Coca-Cola reported that heavy monsoon rains in several Indian states affected its beverage sales in the country during the third quarter, which ended on September 27. Despite this set

ET Retail
24 Oct 2024

Tata to hike tea prices over next few months: Official, Retail News, ET Retail

Tata Tea plans to hike prices in the coming months to boost profit margins affected by rising input costs. Despite a 1% profit increase in July-September and 11% revenue growth, tea prices rose by ove

ET Retail
24 Oct 2024

Consumers face the heat with cooking oil on the boil, Retail News, ET Retail

Consumers in India are paying more for cooking oils like mustard, soyabean, and palm oil as demand rises due to Diwali. India increased import duties on these oils to support soybean prices. However,

ET Retail
24 Oct 2024

Coca-Cola eyes top-end of 2024 sales view on resilient soda demand in US; shares drop 2%, ET Retail

Coca-Cola: Demand in China has taken a hit from a slow post-pandemic economic recovery caused largely by a protracted property downturn, while the Middle East conflict has impacted supply in the region.

ET Retail
24 Oct 2024

Zydus Wellness enters into packaged foods segment, Retail News, ET Retail

Consumer wellness company Zydus Wellness has ventured into packaged foods segment with Sugar Free D’lite cookies and collaborated with Bollywood actor Shahid Kapoor to promote its range.

ET Retail
23 Oct 2024

FMCG sector facing sluggish demand, F&B growth declines to 1.5-2%: Nestle India CMD, ET Retail

The FMCG sector is experiencing sluggish demand, with F&B growth falling to 1.5-2 per cent from double digits previously, according to Nestle India CMD Suresh Narayanan. Factors include food inflation

ET Retail
23 Oct 2024

Varun Beverages Q3 results: PAT rises 22% YoY, revenue up 24%, ET Retail

Varun Beverages, reported a 22.3% year-on-year increase in net profit, reaching Rs 628.83 crore for the second quarter ending September 2024. This compares to Rs 514 crore in the same period last year

ET Retail
22 Oct 2024

Varun Bev's chief optimistic of Indian market over 'growing consumption class', ET Retail

Varun Beverages chairperson Ravi Jaipuria remains confident of the Indian market due to a growing consumption class. This optimism comes as rural demand for daily essentials recovers, though urban are

ET Retail
22 Oct 2024

Consumer Demand: Festive demand boosts sale of namkeens, millet snacks, ET Retail

Consumer Demand: To meet the heightened festive demand, namkeen manufacturing units have employed contractual workers. According to an industry estimate, approximately 10-15 percent of additional work

ET Retail
21 Oct 2024

VRB invests approx. Rs 50 crore to launch new brand Wok Tok by Veeba, ET Retail

By 2028, VRB eyes to have a presence across seven categories with five brands. Currently, the company has two manufacturing units with a capacity of 10,000 tons a month and it is eyeing to invest more

ET Retail
21 Oct 2024

HCCB Fund Fact: Bhartias in talks with global investors for ₹12,500 cr acquisition of Coca-Cola's bottling arm, ET Retail

HCCB: Jubilant Bhartia Group promoters Shyam and Hari Bhartia are negotiating with asset managers and banks to raise ₹12,500 crore. This funding is for acquiring a 40% stake in Hindustan Coca-Cola Bev

ET Retail
21 Oct 2024

Consumer Goods Growth: Urban stress continues to pull down growth for consumer goods firms, ET Retail

Consumer Goods Growth: Consumer goods companies like Parle, Dabur, and Tata Consumer report a recovery in rural demand for essentials, contrasting with urban areas where food inflation is dampening gr

ET Retail
21 Oct 2024

Tata Consumer won't sacrifice market share: MD Sunil D'Souza, Retail News, ET Retail

Reliance Industries-owned Campa Cola disrupted the beverages market by offering higher margins to retailers on its ₹10 pack, forcing competitors to adjust their pricing. Tata Consumer Products, which

ET Retail
19 Oct 2024

Tata Consumer Q2 Results: Cons PAT jumps 8% YoY to Rs 364 crore, beats estimates, ET Retail

Tata Consumer Q2 Results: The profit after tax was above ET Now poll estimates of Rs 314 crore. The company reported quarterly revenue of Rs 4,214 crore, a 13% increase from Rs 3,734 crore in the same

ET Retail
18 Oct 2024
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