Consumer durables could take a while to charge up
1 year, 11 months ago

Consumer durables could take a while to charge up

Live Mint  

For consumer durables companies, the seasonally weak December quarter means financial results would be tepid. View Full Image Graphic: Mint Thus, Crompton Greaves Consumer Electricals Ltd and Orient Electric Ltd’s fans volumes are expected to see pressure in Q3. In Q3, analysts at PhillipCapital estimate a year-on-year revenue growth of 10% and earnings drop of 0.1% for consumer durables companies under their coverage universe. All said, volume growth is crucial for consumer durables companies and investors in the shares would follow that.

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Another tough year for consumer staple companies?
Trending News
1 day, 19 hours ago

Another tough year for consumer staple companies?

Live Mint  

Indian consumer staple companies faced a challenging year in 2024, navigating a landscape of uneven demand. Companies are set to announce their December quarter results, which are expected to reflect price hikes, partially offset by subdued volume growth driven by weak urban demand. “While the return of price hike was a much-awaited welcome step, categories with sharp double-digit price hikes …

FMCG Q3 preview: Rural consumption holds up, but urban slump may weigh on consumer goods companies
2 days, 6 hours ago

FMCG Q3 preview: Rural consumption holds up, but urban slump may weigh on consumer goods companies

Live Mint  

New Delhi: Despite some pockets of resilience in rural markets and price hikes to combat inflation, India’s consumer goods companies faced a challenging third quarter. A delayed winter added to weak urban demand woes and inflationary pressures, and several consumer goods companies are expected to report low single-digit revenue growth and margin contraction for the October-December period. On Monday, Mumbai-based …

IIP grows by 5.2% in January, consumer durables shrink
1 year, 9 months ago

IIP grows by 5.2% in January, consumer durables shrink

Live Mint  

Factory output grew 5.2% in January supported by a broad-based expansion in manufacturing, mining and electricity output. The growth in the index of industrial production or IIP marked the third straight month of expansion, and it was the highest since June 2022, when output expanded by double digits. Consumer non-durables, which are items of mass consumption, grew at 6.2% in …

Corp earnings grew faster in Q3 despite pandemic
3 years, 10 months ago

Corp earnings grew faster in Q3 despite pandemic

Live Mint  

Corporate earnings grew at a robust pace in the December quarter in a bright spot for the Indian economy that is seeking to ride out of the brutal effects of the pandemic. A Mint analysis of 2,485 publicly-traded companies, which reported earnings for the three months ended 31 December showed that net profit after adjusting for one-time items grew at …

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