Market News Top 10 News HUL Posts 3% Rise in Q2 Net Profit – Top Indian Market Updates Here are some of the major updates that could move the markets tomorrow: HUL Q2 results: Net profit rises to ₹2,717 crore Hindustan Unilever Ltd (HUL) reported a 3.85% YoY rise in net profit to ₹2,717 crore for the quarter ended September 2023 (Q2 FY24). Net profit stood at ₹2,616 crore in Q2 last year. […] Written by Ben Benny October 19, 2023October 19, 2023
Editorial How Has Inflation Impacted The FMCG Sector? The Russia-Ukrainian crisis, rising fuel prices, and global interest rate hikes have fueled inflation. Many sectors of the worldwide economy are impacted by it. One such is the FMCG or Fast Moving Consumer Good sector. In a December 2021 issue, we discussed the WPI-CPI divergence and how inflation wasn’t reflecting on retail prices. While manufacturers continued […] Written by Maarg Vaidya March 30, 2022August 1, 2022
Market News Nestle India Q2 results: Net Profit rise by 11% FMCG firm, Nestle India, reported an 11.15% year-on-year rise in net profit at Rs 486 crore for the quarter ended June 30. This number was amassed to Rs 437 crore for the same quarter last year. There has been a double-digit rise in net profit even amid the global pandemic, yet the numbers are slightly below than what many […] Written by marketfeed Team July 28, 2020April 21, 2022