Titan Company reported a marginal decline in standalone net profit to Rs 715 crore in Q1FY25. Talking about cost-optimisation strategies, and future growth prospects, Chawla, CEO of jewellery division discusses witnessing pent-up demand this quarter (post-budget) and its growing retail presence both in India and outside.
Category: Brand Marketing
EXCLUSIVE: ‘We are now competing in beverages as a category’, says Shivam Puri, CEO, Cipla Health
The consumer healthcare subsidiary of Cipla is now planning to expand into multiple segments such as sexual wellness and broaden range of products in its existing categories.
Fevicol-maker Pidilite Industries net profit rises 21% to Rs 571 crore in Q1 FY25
Pidilite Industries reported a consolidated net profit of Rs 571 crore for the June quarter, registering a growth of 21 percent from Rs 474 crore a year ago.
ITC’s Ali Harris Shere on a new biscuit launch: There’s an opportunity to create a category
As per the company, this combination offers a significant nutritional upgrade without disrupting consumer habits.
Lotte to invest Rs 400 cr in new Havmor ice-cream factory; Also plans to launch localised version of popular confectionery products
Lotte Wellfood announced plans to merge its Indian subsidiary Lotte India and Havmor Ice Cream. It also plans to set up a new ice-cream production facility for Havmor with an investment of Rs 400 crore in Pune.
Dabur’s CEO Mohit Malhotra hints at inorganic route to ramp up presence in hair-oil subsegments
Emerging channels like e-commerce and modern trade posted a robust double-digit growth and now contribute to around 20% of Dabur’s India business.
629% surge in AI content verification: Consumers demand authenticity
While 30% conversations happened around using AI as a festive planner, there is a 189% increase in negative memes around AI which suggests a corresponding rise in apprehension, as per the report.
Govt’s new rules for surrogate ads to be released within next quarter: Exclusive
The draft is undergoing an exhaustive consulting process with the key stakeholders and has introduced digital under its purview for the first time. It also urged a distinction between celebrities endorsing ‘brand extension’ and the celebrities associated with ‘restricted’ brands and introduce bans and penalties in case of violations.
Marico expects digital-first portfolio to close FY25 at Rs 600 crore; Q1 FY25 ad spends at Rs 240 crore
The FMCG major closed Q1FY25 at Rs 2,643 crore in revenue and volume growth of 4% in the domestic business. Saugata Gupta, MD & CEO, expects to sustain the improving trajectory based on increasing penetration and growth revived in traditional trade.
Tata Motors set to launch Tata Curvv in August, aiming to lead EV market
Vivek Srivatsa, Chief Commercial Officer at Tata Passenger Electric Mobility highlighted Tata Motors’ strategic positioning of the Curvv as a market leader in the EV sector, particularly in terms of market share in India.