HUL
In Focus
HUL and GSK Consumer to terminate distribution agreement for OTC products
PTI -
The agreement was for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne. The one-year notice period for termination shall commenced from November 9, 2022New Delhi: FMCG major Hindustan Unilever Ltd (HUL) and healthcare firm GSK have mutually decided...
In Focus
FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases
PTI -
In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur and Nestle have reported volume growth as wellNew Delhi: The FMCG industry expects an improvement in...
Big Grid
FMCG major Emami looks for acquisitions in India, internationally
FMCG major Emami Ltd is looking out for acquisitions both in India and international markets to strengthen its footprint, while also tapping at opportunities arising out the coronavirus pandemic, according to a senior company official. The company, which is seeking to enhance...
Retail
Govt in final stage of drafting e-commerce policy
The government is in the final stage of drafting the e-commerce policy and National Retail Trade policy, Union minister Som Parkash said on Wednesday.
According to a PTI report: The Minister of State for Commerce and Industry said the government...
Food
HUL Q2 net up 8.6 pc at Rs 1,974 crore
FMCG major Hindustan Unilever on Tuesday reported an 8.58 percent increase in consolidated net profit to Rs 1,974 crore for the quarter ended on September 30, 2020. The company had posted a net profit of Rs 1,818 crore in...
Food
FMCG stocks on a roll as household binge during lockdown drives valuations
IANS -
Stocks of fast-moving consumer goods (FMCG) companies are on a roll since the lockdown in March as increased consumption at home and lesser disruption in demand compared to other sectors have boosted valuations.
The FMCG Index grew 32 percent from...
Food
HUL expects few turbulent quarters going forward
FMCG major HUL expects a couple of turbulent quarters going forward and the firm's objective would be to navigate it in the most agile manner, company's Chairman and Managing Director Sanjiv Mehta said on Tuesday.
According to a PTI report:...
Food
HUL logs 7 pc rise in net profit at Rs 1,881 cr
IANS -
FMCG major Hindustan Unilever (HUL) on Tuesday reported a 7 percent growth in standalone net profit for the first quarter (April-June) of FY21 at Rs 1,881 crore.
During the corresponding period of the previous fiscal, the company had reported a...
Food
In-home consumption surges as consumers binge on biscuits, salty snacks
IANS -
Food categories like biscuits, salty snacks, instant noodles, beverages, edible oils are seeing an increase in demand as in home consumption increases while out of home consumption of FMCG products is expected to take a back seat as the...
Food
HUL to focus on e-commerce, modern trade channels
With consumer preference constantly changing in the wake of coronavirus pandemic, FMCG major HUL is focusing on e-commerce and modern trade channels, which it considers as “channels of the future”, besides accelerating premiumisation of its portfolio.
According to a PTI...
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