The customs duty on certain parts for manufacturing of open cell for TV panel has been reduced to 2.5% from…
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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…
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