Rural Demand
HUL, Nestle and ITC To Announce July-September Quarter Results Today: What To Expect
Brands Companies Feature Finance FMCG News

HUL, Nestle and ITC To Announce July-September Quarter Results Today

The three fast-moving consumer goods (FMCG) companies Hindustan Unilever (HUL), Nestle and ITC are (19 October 2023) announcing their July-September quarter results today, with analysts expecting mild revenue growth from HUL, robust low-teen-digit revenue growth from Nestle and ITC’s expects to report volume growth in the mid-single-digit range for its cigarette business HUL HUL is […]

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Crisil Forecasts 7-9% Revenue Growth For FMCG Sector In 2023-24
FMCG News

Crisil Forecasts 7-9% Revenue Growth For FMCG Sector In 2023-24

Revenue of the fast-moving consumer goods (FMCG) sector is expected to grow 7-9 per cent this fiscal 2023-24, a tad slower than the 8-9 registered in the past two fiscals, according to Crisil Ratings. Higher volume is expected to drive revenue growth, amid support from a gradual recovery in rural demand. On the other hand, […]

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Marico Q3 Revenue Dips 2% Amid Soft Rural Demand, Profit Up 16%
Brands Companies News

Marico’s Profit Increases 20% To Rs 302 Cr In Q4 Profit Backed By Rural Demand

Marico home to popular brands Parachute and Saffola, reported a more than 20 per cent jump in quarterly profit, helped by a recovery in rural demand and easing inflation. Marico’s consolidated net profit stood at Rs 302 crore for the three months ended 31 March, compared with Rs 251 crore a year earlier. Consumer goods […]

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