The customs duty on certain parts for manufacturing of open cell for TV panel has been reduced to 2.5% from…
Revenue from operations stood at Rs 3,598.92 crore during October-December, up 9% as consolidated volumes improved 1% on year.
ICICI Securities said the overall impact on operating margins shall be offset with mix-improvement premiumisation and scale benefits.
On Thursday, HUL share price closed 1.61% lower at Rs 2,643.05 on the NSE.
Analysts said high inflation impacted the discretionary spends in Q3, which surprisingly impacted even a “deep value retailer” like DMart.
DMart is incrementally adding larger area stores, while per-store revenues remained muted.
In September, Maharashtra FDA had cancelled the product manufacturing licence of Johnson’s baby powder manufactured at the Mulund factory.
“Overall FMCG demand is unlikely to improve materially in Q3FY23 (over Q2), with demand slowing down post the festive season,”…
Boosting of disposable income in the hands of consumers can be done through beneficial tax regime, said Saugata Gupta, MD…
The slow growth came on the back of double-digit sales growth in both home care and personal care, the company…
In Q2, company’s domestic volumes improved by 3% and it remains to be seen how much did the demand improve…
Speaking on the investment, Isha Ambani, executive director of RCPL said, “This investment helps us take forward our vision of…
According to the Retailers Association of India, India’s retail industry witnessed a 19% sales growth in the period between April…
In FY22, the industry saw premium segments faring much better than mass products as inflation continued to hit customer spending…
Deal will strengthen RIL’s new commerce strategy, say analysts
With the correction in the prices of some key commodities, there is more headroom for them to concentrate on A&P,…
Access to a large base of kiranas
Rising competition, sustained losses put paid to its plans
