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New Delhi, Mar 4 () Fast-moving consumer goods (FMCG) companies are ramping up their production and optimising distribution channels to meet the rising demand for hand sanitizers amid the coronavirus outbreak. Some FMCG firms are also educating consumers by engaging their brands to communicate with the consumers, through special campaigns on digital and mainstream media, to make them aware about the benefits of regular hands wash as prevention for coronavirus. The companies have assured that they have enough stocks to tackle the situation. "We have ramped up our production capacity. We are also trying to ramp up through our vendors also," Godrej Consumer Products Ltd CEO (India and SAARC) Sunil Kataria told . However, he also added that hand santizers are premium products in India. "The way we have to address this problem is through that we all need to communicate the right education to the people and send messages to the consumers that best precaution and prevention from coronavirus is regularly washing hands," he added. GCPL, which had Godrej Protekt brand in the segment, has started a digital campaign to create awareness about it. ITC, which is present in the segment through its brand Savlon, said it is ensuring that there is an adequate supply of hygiene products in the market. "ITC is ensuring adequate supply of Savlon hygiene products in the market. Savlon continues to focus on enhancing awareness about hand hygiene and urges consumers to maintain good hygiene practices," according to an ITC spokesperson. FMCG major HUL, which is present in the segment with Lifebuoy hand sanitizers, is also ensuring its products' availability to the consumers. "Given the surge in demand for hygiene products, we have redoubled our efforts to ensure that consumers have access to products that keep them safe such as Lifebuoy hand sanitizers and hand wash," said an HUL spokesperson. While Dabur is running a series of awareness campaigns across digital platforms and social and mainstream media to educate the public about how to keep themselves safe from coronavirus. "Our key healthcare brands such as Dabur Chyawanprash, ImmunoDab and Giloy Ghanvati are running informative campaigns to drive awareness about staying protected from such illnesses," said Dabur India Marketing Head (Healthcare) Mukesh Mishra. Mishra also said the company is also organising a question-and-answer session, particularly for mothers, with ayurvedic doctors on digital media platforms to address their queries regarding coronavirus and how to keep their families protected from it. However, FMCG major RB India (erstwhile Reckitt Benckiser), which is one of the leading player in the segment with its brand Dettol, has declined to comment on the issue. Hand sanitizers have vanished from general shop and chemist shops in many areas of the national capital and adjoining towns as people resorted to panic buying amid the coronavirus outbreak. KRH HRS

FMCG makers ramp up production of hand sanitizers amid demand spike due to coronavirus

New Delhi, Jan 31 () Shares of FMCG major Dabur India jumped nearly 4 per cent on Friday after the company reported a 8.62 per cent increase in consolidated net profit for the third quarter ended December 2019.
 The scrip gained 3.73 per cent to close at Rs 496 on the BSE. During the session, it went up by 5.21 per cent to Rs 503.10.
 On the NSE, it rose by 3.55 per cent to close at Rs 495.75.
 The homegrown FMCG major on Thursday reported a 8.62 per cent increase in consolidated net profit at Rs 398.87 crore for the third quarter ended December 2019.
 The company had posted a consolidated net profit of Rs 367.21 crore in October-December quarter a year ago, Dabur India said in a BSE filing.
 Revenue from operations rose 6.99 per cent to Rs 2,352.97 crore during the quarter under review as against Rs 2,199.21 crore in the corresponding quarter of the previous fiscal.
 Total expenses during October-December rose 6.03 per cent to Rs 1,924.94 crore as against Rs 1,815.41 crore. SUM ANS
ANS

Dabur India shares gain nearly 4 pc post Q3 earnings

<ul><li>FMCG major <keyword id="6365619" type="COMPANY" weightage="20" keywordseo="hindustan-unilever">Hindustan Unilever</keyword> Ltd on Friday reported a 12.95% rise in consolidated net profit to Rs 1,631 crore for the third quarter ended December 2019.</li><li>The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal. </li><li>Total expenses stood at Rs 7,849 crore as against Rs 7,900 crore earlier.</li></ul>FMCG major Hindustan Unilever Ltd on Friday reported a 12.95 per cent rise in consolidated net profit to Rs 1,631 crore for the third quarter ended December 2019, helped by improvement in margins and volume growth.
 The company had posted a net profit of Rs 1,444 crore in the October-December period of the previous fiscal.
 Net sales during the quarter under review stood at Rs 9,953 crore, up 3.87 per cent from Rs 9,582 crore in the corresponding period a year ago, <keyword id="178761" type="COMPANY" weightage="20" keywordseo="Hindustan-Unilever-Limited">Hindustan Unilever Limited</keyword> (HUL) said in a regulatory filing. "Domestic Consumer Growth was 4 per cent with Underlying Volume Growth at 5 per cent" in the quarter, it said.
 "This quarter witnessed an overall challenging market environment, mainly reflecting a sharp slowdown in rural and discretionary spends. In this tough environment, HUL has delivered a resilient performance which is reflective of the strength of our brands, consistency in strategy and execution prowess," HUL CMD <keyword id="169120" type="PERSON" weightage="20" keywordseo="Sanjiv-Mehta">Sanjiv Mehta</keyword> said. "Our continued focus on innovation and market development has helped sustain underlying volume growth at a steady 5 per cent. We have also delivered a healthy margin improvement," he added.
 Total expenses stood at Rs 7,849 crore as against Rs 7,900 crore earlier.
 Shares of HUL on Friday settled at Rs 2,034.15 apiece on the BSE, down 1.18 per cent from the previous close. See also: <a href="https://www.businessinsider.in/advertising/brands/news/hul-star-india-declared-joint-winners-as-effie-india-client-of-the-year/articleshow/73196428.cms">HUL &amp; Star India declared joint winners as Effie India Client of the Year; McCann Worldwide and Ogilvy Group take home Effie India Agency of the Year</a> <a href="https://www.businessinsider.in/business/news/patanjali-group-eyes-to-be-40000-crore-company-in-2020-21-aims-to-be-largest-fmcg-firm/articleshow/73588594.cms">Patanjali group eyes to be 40,000-crore company in 2020-21, aims to be largest FMCG firm</a>

HUL volume growth is frozen at 5% for 3 quarters in a row⁠— cost savings boost profit by 21%

PM <keyword id="6354642" type="PERSON" weightage="20" keywordseo="Modi">Modi</keyword>’s policy of demonetisation that scrapped off Rs 500 and Rs 1000 notes from circulation overnight has badly affected the businesses in India. <a href="http://www.businessinsider.in/you-may-have-to-pay-an-extra-tax-for-eating-pizza-and-burgersafter-budget-if-pm-modi-says-a-yes/articleshow/56736441.cms">FMCG category</a>, which relates to our daily consumption, has been badly hit. While the impact of a dip in sale in double in the urban markets as compared to the rural, date from <keyword id="4096912" type="UNKNOWN" weightage="20" keywordseo="brickworks-media">Brickworks Media</keyword> (a concern of Chrome DM), a research and data analytics company shows, tea has been the least affected item of demonetization at 10.77% and noodles ranks as the mostly affected at 33.23%. Even daily necessities like soaps and toothpaste saw a dip of <a href="http://www.businessinsider.in/you-may-have-to-pay-an-extra-tax-for-eating-pizza-and-burgersafter-budget-if-pm-modi-says-a-yes/articleshow/56736441.cms">16.17% and 18.5%</a> in the urban market respectively. <a href="http://www.businessinsider.in/you-may-have-to-pay-an-extra-tax-for-eating-pizza-and-burgersafter-budget-if-pm-modi-says-a-yes/articleshow/56736441.cms">ALSO READ: You may have to pay an extra tax for eating pizza and burgers after budget, if PM Modi says a yes</a> 
 With the annual <keyword id="25455" type="ORGANIZATION" weightage="20" keywordseo="finance">finance</keyword> budget been pre-poned this year, the <keyword id="34523" type="CITY" weightage="100" keywordseo="fmcg">FMCG</keyword> companies are pinning high hopes on a growth oriented budget this time. 
 
“We are expecting a growth-oriented Budget with various stimuli to revive<a href="http://www.businessinsider.in/you-may-have-to-pay-an-extra-tax-for-eating-pizza-and-burgersafter-budget-if-pm-modi-says-a-yes/articleshow/56736441.cms"> consumer confidence</a>… proactive reforms to stimulate demand by increasing the money in the hands of the emerging middle class and rural India, this will help bring FMCG growth back on track,” <keyword id="152630" type="COMPANY" weightage="20" keywordseo="Godrej-Consumer-Products-Ltd">Godrej Consumer Products Ltd</keyword> Managing Director <keyword id="218886" type="PERSON" weightage="20" keywordseo="Vivek-Gambhir">Vivek Gambhir</keyword> told the media. 
 With every other budget, restraining deficits and delivering higher growth is going to be a great challenge. <keyword id="40233" type="COMPANY" weightage="20" keywordseo="emami">Emami</keyword> group, leading FMCG brand in <keyword id="6354925" type="COMPANY" weightage="20" keywordseo="Kolkata">Kolkata</keyword> expects the budget to address issues related to GAAR, POEM, GST. Also a growth oriented budget is what they need at this hour to boost consumption, increase public investment, promote <a href="http://www.businessinsider.in/you-may-have-to-pay-an-extra-tax-for-eating-pizza-and-burgersafter-budget-if-pm-modi-says-a-yes/articleshow/56736441.cms">digitisation</a>, broaden tax base and lead higher growth”. <a href="http://www.businessinsider.in/statutorywarning-cigarettes-to-cost-more-after-budget/articleshow/56726842.cms">ALSO READ: Statutory Warning: Cigarettes to cost more after budget?</a> 
 
“While tax rates are expected to reduce with increased basic exemption limits, but taxpayers base is expected to broaden. Ease of doing business would be another focus area in currently subdued business environment. Agriculture, infrastructure and service sectors are also expected to get due attention and support,” said Emami CFO &amp; CEO Finance Strategy &amp; Business Development N. H Bhansali. 
 To believe an agency news report, the sales of <keyword id="6365619" type="CITY" weightage="20" keywordseo="Hindustan-UniLever">Hindustan Unilever</keyword> and <keyword id="127653" type="COMPANY" weightage="20" keywordseo="Jyothy-Laboratories">Jyothy Laboratories</keyword> have dipped quite during the year end months. The agency has learnt that they admitted the fact that ‘adverse liquidity’ in the market has affected them. 
 
 ​ “We are expecting an all-inclusive, progressive Budget to assist the sustainable economic growth of our country. In order to do so, it is essential for the government to focus on three crucial factors – boosting the rural sector and agricultural productivity, providing benefits to the salaried tax payers in order to increase disposable income in the urban markets, and encouraging private investment along with generation of employment because for the demographic dividend to be leveraged, job creation is very critical. These steps coupled with last year’s good monsoon will drive both urban and rural consumption,” said Saugata Gupta, MD &amp; CEO, Marico Limited.

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FMCG makers ramp up production of hand sanitizers amid demand spike due to coronavirus

PTI

Dabur India shares gain nearly 4 pc post Q3 earnings

PTI

HUL volume growth is frozen at 5% for 3 quarters in a row⁠— cost savings boost profit by 21%

PTI

These are major expectations in Budget 2017 from FMCG sector, the worst affected by demonetization

Suchayan Mandal

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