HUL
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Leading FMCG players hike soap prices by 7-8% as palm oil rates go up
Companies such as HUL and Tata Consumer have also increased tea prices recently due to a decline in production caused by erratic weather conditions.New Delhi: FMCG makers such as HUL and Wipro have hiked soap prices by around 7...
FMCG
HUL Board approves demerger of ice cream business into an independent listed entity
PTI -
The existing shareholders of HUL will receive shares in the new entity in proportion to their shareholding in HULNew Delhi: FMCG major Hindustan Unilever Ltd. (HUL) on Monday said its board has approved the demerger of the ice cream...
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FMCG firms worry over high inflation, squeezing urban market; hint price hike
PTI -
Rising prices of commodity inputs such as palm oil, coffee and cocoa were also accentuated and some FMCG firms have hinted at a price hike.New Delhi: Leading FMCG companies reported a decline in margins in the September quarter because...
FMCG
HUL to separate ice cream business, does independent valuation
PTI -
The ice cream business, which contributes 3 per cent to HUL’s turnover, has a different operating model, including cold chain infrastructure, and a distinct channel landscape, which limits synergies with other businesses of the companyNew Delhi: Hindustan Unilever Ltd...
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HUL Q2 profit down 2.33 pc to Rs 2,595 cr, sales up 2.36% to Rs 15,703 cr
PTI -
The company had logged a net profit of Rs 2,657 crore in the July-September quarter a year ago, HUL said in a regulatory filing.New Delhi: FMCG major Hindustan Unilever Ltd (HUL) on Wednesday reported a 2.33% decline in consolidated...
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Logistics firm Western Carriers collects Rs 148 cr from anchor investors
PTI -
The Kolkata-based company's Rs 493 crore initial public offering (IPO) will be available for public subscription from September 13 to September 18New Delhi:Â Logistics company Western Carriers (India) on Thursday said it has mobilised Rs 148 crore from anchor investors...
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HUL gets Rs 963 cr Income Tax demand notice
PTI -
The notice relates to the non-deduction of TDS on payment of Rs 3,045 crore to GlaxoSmithKline Consumer HealthcareNew Delhi: Leading FMCG maker HUL said that it has received a demand notice of Rs 962.75 crore from the Income Tax...
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FMCG players expect volume trends to sustain amid rising demand in rural markets
PTI -
FMCG majors, including HUL, ITC, Dabur, Britannia, Nestle and Emami, in their June quarter earnings have reported 'green shoots'New Delhi: Fast-moving consumer goods (FMCG) companies expect to sustain volume growth in the coming quarters, buoyed by recovery of demand...
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HUL appoints Arun Neelakantan as Executive Director, Customer Development
PTI -
The changes would be effective from July 1, 2024New Delhi: Leading FMCG maker Hindustan Unilever Limited (HUL) on Thursday announced the appointment of Arun Neelakantan as Executive Director, Customer Development.Neelakantan (43) will be taking over from Kedar Lele, who...
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FMCG companies expect volume growth in FY25 with improvement in revenue
PTI -
HUL said it continues to see positive volume growth across most of its businessNew Delhi: Leading FMCG makers expect a volume-led growth in FY25, with a revival in consumption supported by a lower inflationary environment, projections of a normal...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant
The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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