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Dabur expects double-digit revenue, profit growth in Q1 as FMCG demand stays strong
Dabur India expects to report double-digit growth in consolidated revenue and profit for Q1 FY27, driven by near double-digit growth in its India FMCG business, high-teen expansion in international operations and strong momentum across foods, hair care and digital channels. Rural demand continued to outpace urban markets, while calibrated price hikes helped offset higher input costs.
Devyani International, Sapphire Foods rally up to 9% on merger approval
Devyani International and Sapphire Foods merger will take place through a share-swap mechanism. Under the share swap ratio, 177 shares of DIL will be issued for every 100 shares of Sapphire Foods.
Devyani International, Sapphire Foods shares rise up to 7% after exchange nod for merger
BSE said it has no adverse observations on the proposed scheme from the perspective of listing regulations, enabling the companies to file the merger proposal before the National Company Law Tribunal (NCLT).
L T Foods to set up WoS in Australia
The proposed subsidiary will serve as a strategic platform for strengthening LT Foods' presence in Australia and the wider Asia-Pacific region, supporting business development, distribution, customer engagement and future growth initiatives
KFC, McDonald's Over Domino's: Macquarie Picks Devyani, Sapphire But Cuts Jubilant Target
Within the sector, Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld.
Q4 Results Live Updates: Patanjali Foods, Easy Trip, Others To Declare March Quarter Scores Today
Q4 Results Today Live Updates: Several blue-chip stocks are set to declare their March quarter earnings today
Q4 Results Today: Patanjali Foods, Easy Trip Planners, Gujarat Gas, Among Over 600 Firms To Declare Earnings
Jupiter Wagons, Titagarh Rail Systems, Som Distilleries & Breweries and Jindal Poly Films will also declare Q4FY26 results on May 30.
Africa emerging as key market for Indian sweet biscuit exports: Commerce Ministry
India's sweet biscuit exports are growing globally. Africa is becoming a key market, with Kenya as the second-largest destination. This rise shows increasing international demand for Indian processed foods. India's value-added food exports are expanding their reach in emerging economies. This development highlights deepening commercial ties and a stronger presence in global consumer markets.
M R Maniveni IPO Day 1: Issue booked 65% so far, NIIs steal the show. Check GMP, key details to know
M R Maniveni Foods IPO commenced on 22 May and ended on 26 May, with a price range of ₹51 to ₹52 per share. It aims to raise ₹27.04 crore for growth. The subscription status was 65% on day 1, with retail at 68%.
HyFun Foods ties up with Adani Logistics, Evergreen Marine Corp for eco-friendly export corridor
HyFun Foods has launched a new export initiative with Adani Logistics and Evergreen Marine Corporation. This partnership introduces a dedicated rail service for frozen potato products. The move aims to reduce carbon emissions and road congestion. This integrated logistics corridor will enhance HyFun Foods' global export capabilities. The company plans to expand its reach to over 100 countries.
Q4 Results LIVE Updates: Sanghvi Movers shares surge over 12%; Jubilant Foodworks down 7%
Q4 Results LIVE Updates: ITC, Aurobindo Pharma, LIC, LG Electronics, Ashoka Buildcon, Bikaji Foods, Datamatics, Engineers India, GMM Pfaudler, Happy Forgings, Honasa Consumer, Ixigo, Nykaa, Page Industries, Ramco Cements, Max Healthcare, Prestige Estates, MTNL, Sun TV, Quick Heal, RCF, WeWork, VA Tech Wabag, are among the companies reporting their earnings today. The street will also react to numbers reported by Whirlpool, Apollo Hospitals, Sammaan Capital, JK Lakshmi Cement, Lenskart, Ola Electric and others. Watch this space for all the LIVE earnings updates.
Whey to protein-rich foods gets costlier on global supply crunch
India's growing demand for protein products is clashing with a global shortage of raw whey. This key ingredient's price has surged dramatically, forcing Indian brands to increase prices. Companies are absorbing some costs to protect consumers. The rising expense of protein powders and snacks is making daily protein goals more costly for many.