Dabur Q2 Net Profit Rises 6.5% To Rs 452.55 Cr
Dabur reports 6.5% rise in Q2 profit to Rs 452.55 crore as home, health and personal care drive steady revenue growth.
Dabur reports 6.5% rise in Q2 profit to Rs 452.55 crore as home, health and personal care drive steady revenue growth.
The forecast of a favourable monsoon and revised tax slabs are expected to provide a boost to consumption in the coming quarters
Analysts predict subdued earnings growth for Indian consumer goods companies in Q4 FY24. While FMCG revenues are anticipated to grow slightly faster, profit growth is expected to lag behind previous trends. The volume growth in the FMCG sector for the quarter ending March 2024 is projected to be challenging, driven by urban demand, with rural […]
The fast-moving consumer goods sector is anticipated to experience sluggish growth until the September quarter of 2024, as per a report from Kantar, a data, insights, and consulting firm. The uncertain outlook for the agricultural sector, coupled with the upcoming general elections, is expected to limit the consumption of FMCG products. Kantar Worldpanel’s FMCG pulse […]
Danone and Nestle, the leading consumer goods companies, said on Thursday that they will slow price rises in 2024, following two years of hikes that pushed many buyers to seek cheaper alternatives for essential items such as yoghurt and coffee. However, Danone, which owns brands such as Evian and Badoit waters and Activia yoghurt, warned that prices […]
Unilever said on Thursday that Nitin Paranjpe, its chief people and transformation officer, will retire in mid-2024, about 37 years after joining the consumer giant as a management trainee. “I am very grateful to Nitin for everything he has done in the company. By the way, he will continue as the chair of Hindustan Unilever […]
Shaving products maker Gillette India on Tuesday reported a 39.62 per cent increase in profit to Rs 103.95 crore for the second quarter ended December 2023, pushed by productivity interventions and moderation of inflation. The company, which follows the July-June financial year, had reported a profit of Rs 74.45 crore in the year-ago period. Its […]
Colgate-Palmolive India on Monday, reported a 35.7 per cent rise in net profit after tax (PAT) at Rs 330.11 crore for the quarter that ended 31 December 2023 as against net PAT of Rs 243.24 crore for the same quarter in the previous fiscal, company said in a regulatory filing. The company’s net sales rose […]