FMCG company

The impact of the second wave will not be as bad as last year: HUL CMD Sanjeev Mehta

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Packaged consumer goods maker Hindustan Unilever Limited (HUL) said the second wave of COVID-19 pandemic would not harm the company and the overall FMCG market as it was a year ago thanks to rural growth rates and better preparedness. Share of companies. “HUL’s Chairman and Managing Director Sanjeev Mehta said in a press conference after …

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Considered Food: Healthy, essential foods in the kitchen counteract the darkness of FMCG during the closure in April

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Healthy food, branded rice and cooking oil and antibodies were the brightest spots in retail sales in April when the epidemic caused by the epidemic across the country gained instant sales of consumer goods. Recent data from the Bizom sales intelligence platform shows that FMCG sales dropped by 16 percent each month (MoM) in April. …

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HUL, Marico prices increses; Will other FMCG companies follow suit?

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The FMCG companies continues to see rising prices in categories such as soaps, edible oils, tea and detergents due to sustained inflation on essential oils such as palm oil, crude tea and copra. Increased packaging costs and crude oil prices, too, add to the pressure. Hindustan Unilever has increased the prices of its brands such …

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Nestle India March Quarterly Preview | Brokerage profits expect double-digit growth in revenue

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FMCG company Nestle India expects to report double-digit growth in the bottom line as well as topline, with higher single-digit growth for the quarter ended March 2021 compared to the year-ago period. Continued growth in Maggi, baby foods, chocolate segment, etc. is likely to boost business, feel brokerage.“Nestle is likely to report 10.8 percent revenue …

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