The January-December financial year following company had posted a net profit of Rs 263.43 crore for the April-June quarter of 2017-18.
In January 2018, Ramdev had announced to the media that his company - which is already in the business of cosmetic and food products - will launch a…
However, ITC will only acquire brands that can be scaled up using its own distribution network as it would be easier to break even.
The packaged foods business was the first FMCG category the conglomerate had entered 17 years ago to reduce its reliance on the cigarette revenue…
The Bengaluru-based firm was among the largest advertisers in the FMCG category during the recently concluded India Premier League (IPL), spending Rs…
The company last year commissioned two world-class integrated consumer goods manufacturing and logistics units in West Bengal and Punjab.
HUL’s food business includes Knorr soup and Kissan Jam and its refreshment brands include Bru coffee, Lipton tea and Magnum ice-cream.
Patanjali has also assured the lenders that it would invest extra capital required to revive the company.
Used worldwide for reducing the quantity of oil going into the food, the spray also proves helpful in restricting the amount of fats in the diet.
Haldiram’s has started a travel firm called Travhos Experience and hired half a dozen tourism professionals to spearhead the travel services foray of…
If successful, Patanjali gets a firm foothold in the cooking oils business where Adani, through its partnership with Wilmar, Emami and Godrej are…
The Rs 3,400-crore subset in question is ‘bridges’, where ITC’s Bingo Tedhe Medhe and Bingo Mad Angles compete with PepsiCo’s Kurkure.
Operating profit rose 16.2 per cent YoY to Rs 485.20 crore. PAT margin expanded 209 basis points on a YoY basis to 19.5 per cent.
ITC has around 7 per cent share in the juices and fruit beverages market, which is estimated to be around Rs 2,500 crore.
With the new production centres helping to boost volumes Brewhouse is looking to widen its reach across the QSR chain in newer markets
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