News

Reliance Retail reported a net profit decline of fourteen percent year-on-year. Revenue from operations grew eight point two percent, with FMCG business growth strong. Investments in digital commerce and infrastructure impacted operating margins significantly. The company aims to double operating Ebitda over three years through growth. Reliance Retail expanded its store network to over twenty thousand locations.

In a shocking turn of events, egg prices in India have soared to historic highs, primarily due to surging poultry feed costs. Increases in maize and soybean meal prices are heavily influencing production expenses, alongside ongoing concerns related to the West Asia conflict and local crop yields. Furthermore, the intense summer heat has negatively impacted broiler chicken production, leading to a surge in meat prices.

MTR Foods is set to launch a new line of protein-rich breakfast products aimed at the digital-savvy consumer. This innovative range promises both convenience and enhanced nutrition to meet today's hectic lifestyles. Emphasizing quick commerce channels, MTR is targeting key metropolitan areas in India, recognizing the burgeoning demand for speedy delivery. The company's product development is now intricately tied to the evolution of these digital platforms.

Shantanu Upadhyay, co-founder and CEO, Kati Patang Lifestyle, said, "As we continue to grow our footprint across the country, Chandigarh, with its vibrant culture, has a consumer base that perfectly aligns with our brand's ethos. We are delighted to bring our saffron-infused lager to the city. Over the coming months, we're not just looking forward to offering consumers an evolved taste but also becoming part of the city's vibrant culture and communities."

ITC anticipates strong demand in the latter half of FY26, boosted by festive celebrations. Premium and super-premium product growth is evident in both urban and rural markets. Consumers now prioritize quality and understand product benefits beyond just price. Elevated edible oil prices and weather uncertainties remain key concerns for the company. ITC is expanding its health-oriented product portfolio to meet evolving consumer preferences.