Parle, Dabur And Godrej Expect Recovery In Volume Growth, Margin In Q2FY23

FMCG makers can look forward to better gross margins by the last month of Q2FY23 on a year-on-year basis, as there is a lag of around two months in their inventory coupled with forward contracts, experts say.

FMCG Players Expect Better Gross Margins By Q2FY23 YoY

FMCG makers can look forward to better gross margins by the last month of Q2FY23 on a year-on-year basis

PLI For Food Processing: Parle Products Expects 20-25% Growth In Exports

Terming exports as a "significant part" of the company's total turnover, Shah declined to share the exact details, citing the company being a privately held firm as the reason.

Parle Tops Most-Chosen FMCG Brand List In India: Report

The COVID-19 pandemic impacted the frequency of purchase as average trips made to purchase groceries reduced but more purchases per trip were recorded in 2020.

Parle Products Partners With IBM To Drive Growth

Parle will leverage IBM's transformative hybrid cloud and artificial intelligence (AI) capabilities, along with its leading security and industry expertise with the tech major's business consulting and technology services

Parle May Cut Up To 10,000 Jobs Amid Slowdown, Falling Demand

A sharp drop in Parle’s biscuit sales means the company may have to slash production, which may result in layoffs of 8,000-10,000 people, Mayank Shah, Category Head at Parle, said in a telephone interview from Mumbai.

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