HUL results in line with FMCG growth slowdown
5 years, 8 months ago

HUL results in line with FMCG growth slowdown

Live Mint  

Hindustan Unilever Ltd, India’s largest listed consumer packaged goods firm by sales, reported a slowdown in volume growth, in line with analysts’ estimates. The FMCG major reported 13% growth in net profit while volume growth dropped to 7%, which was expected between 5-7%, compared to double-digit growth the company has been seeing for many quarters. The Surf Excel maker’s net profit reached ₹1,538 crore for Q4 of FY19 compared to ₹1,351 crore in the fourth quarter last year. Vatika Shampoo-maker Dabur India Ltd also came felt the slowdown and saw its net profit fall by 6.5% from a year earlier to ₹371.5 crore.

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History of this topic

Godrej Consumer’s profit warning intensifies gloom in FMCG sector
Trending News
4 weeks, 2 days ago

Godrej Consumer’s profit warning intensifies gloom in FMCG sector

Live Mint  

Shares of Godrej Consumer Products Ltd’s plummeted more than 8% on Monday after it warned of weaker margin and volumes for the three months to December. After market hours on Friday, GCPL said its India business is expected to report flattish volume growth this quarter. GCPL’s Indonesia business is expected to deliver mid-single digit volume growth in Q3FY25. Meanwhile, GCPL’s …

ITC, Marico to Britannia: Why are FMCG stocks under pressure today? Explained
Trending News
1 month ago

ITC, Marico to Britannia: Why are FMCG stocks under pressure today? Explained

Live Mint  

Stock Market Today: FMCG stocks came under significant selling pressure on Monday, December 9 as a weak mid-quarter business update from Godrej Consumer Products raised concerns across the sector about demand revival. Indian FMCG companies are currently grappling with twin challenges: rising commodity prices and weak demand from urban consumers, which severely impacted margins in the second quarter. Godrej Consumer …

HUL needs growth mojo. But demand conditions may play spoilsport
1 month ago

HUL needs growth mojo. But demand conditions may play spoilsport

Live Mint  

Hindustan Unilever Ltd has been struggling with muted revenue growth for the past few quarters, thanks to a combination of weak pricing and subdued volume growth. HUL intends to focus on volume-led revenue growth and expects to maintain Ebitda margin at current levels in the near future. Long-term goal At the meeting, the management shared its key long-term aspiration of …

India Inc's Q2 has been tepid. Is a recovery in sight?
1 month, 2 weeks ago

India Inc's Q2 has been tepid. Is a recovery in sight?

Live Mint  

India Inc. faced another challenging quarter in July-September as corporate earnings continued the recent trend of lukewarm performance. This was particularly evident in revenue growth, which hit a four-quarter low, dragging down net profit expansion for the fifth consecutive quarter, a Mint analysis showed. Costs surge An analysis of expense patterns shows that while aggregate spending held steady at 82% …

ITC June quarter profit flat at ₹4,917 cr, revenue rises 7.2% to ₹18,220 cr
5 months, 1 week ago

ITC June quarter profit flat at ₹4,917 cr, revenue rises 7.2% to ₹18,220 cr

Live Mint  

New Delhi: ITC Ltd on Thursday missed Street estimates, with a mere 0.30% rise in standalone net profit in the June quarter, on account of higher expenses. Cigarette business and FMCG business faired well with 6-7% revenue growth and better margins, while agri and paperboard, paper & packaging saw dip in the profitability, impacting overall margins of the company. Meanwhile, …

Q1 Earnings Preview: 4 companies including Grasim, BPCL likely to post double-digit fall up to 71% in net profit
5 months, 4 weeks ago

Q1 Earnings Preview: 4 companies including Grasim, BPCL likely to post double-digit fall up to 71% in net profit

Live Mint  

In its recent earnings preview for the June quarter, domestic brokerage Motilal Oswal Financial Services forecast a 4 percent year-on-year growth in Nifty50 earnings. Grasim Industries: According to MOFSL, Grasim is likely to post a 71.4 percent YoY decline in its net profit at around ₹100 crore versus ₹360 crore in the same quarter last year. BPCL: MOFSL expects the …

HUL share price up 5% as stocks like Dabur, Colgate gain in weak market. Should you buy?
7 months ago

HUL share price up 5% as stocks like Dabur, Colgate gain in weak market. Should you buy?

Hindustan Times  

HUL share price: Shares of fast moving consumer goods companies traded higher amid heavy volumes in a weak market today following the results of Lok Sabha elections. HUL share price: HUL expects gradual demand recovery backed by increased government spending, the company said. Shares of HUL are up 3 per cent to ₹2,427 on the BSE in intra-day trade as …

Nestle India poised to lead FMCG sector's Q3 earnings
1 year, 2 months ago

Nestle India poised to lead FMCG sector's Q3 earnings

Live Mint  

Fast-moving consumer goods companies—Hindustan Unilever Ltd, Nestle India Ltd and ITC Ltd—are set to kickstart the sector’s September quarter earnings on Thursday. “Our FMCG pricing monitor reveals that Nestle continued to take price increases on several products during the quarter," said a Kotak Institutional Equities report dated 4 October. This comes at a time when rural demand recovery has been …

Livspace posts strong revenue growth in FY23; Ebitda loss narrows
1 year, 3 months ago

Livspace posts strong revenue growth in FY23; Ebitda loss narrows

Live Mint  

Home décor startup Livspace, backed by US private equity firms TPG and KKR, recorded a significant jump in its topline and improved its financial health in the year through March 2023, a top executive told VCCircle. “We achieved a top-line growth of 85% across the business, with our revenue reaching nearly ₹1,100 crore,” Livspace chief strategy officer Ankit Shah said …

UPL Q1 net profit drops 81% YoY to ₹166 crore; cuts FY24 guidance sharply
1 year, 5 months ago

UPL Q1 net profit drops 81% YoY to ₹166 crore; cuts FY24 guidance sharply

Live Mint  

UPL Ltd on Monday reported a net profit of ₹166 crore in the quarter ended June 2023, registering a sharp fall of 81% from ₹877 crore in the year-ago quarter. “Given this backdrop, our revenue and profitability were also impacted by these headwinds in line with the rest of the industry,” said Mike Frank, CEO, UPL Corporation Ltd. UPL sharply …

Hindustan Unilever shares fall over 2% after Q1 results disappoint
1 year, 5 months ago

Hindustan Unilever shares fall over 2% after Q1 results disappoint

Live Mint  

Hindustan Unilever Ltd share price fell over 2% on Friday after the company’s June quarter earnings disappointed with below estimate volume growth. Here’s what brokerages have to say: Motilal Oswal Financial Services Hindustan Unilever’s 1QFY24 performance fell slightly short of Motilal Oswal Financial Services’ expectations. Antique Stock Broking Hindustan Unilever’s Q1FY24 operating performance was below expectations with underlying domestic revenue/ …

HUL Q1 results: Net Profit rises 8% to come in at ₹2,472 crore
1 year, 5 months ago

HUL Q1 results: Net Profit rises 8% to come in at ₹2,472 crore

Live Mint  

HUL Q1 results: The FMCG company posted a standalone net profit for the quarter ended June 30, 2023 at ₹2,472 crores - up 8% from ₹2,289 crores in the year ago period. On a consolidated basis, profit after tax rose 7% to ₹2,556 crore in the first quarter ended June 30, 2023 as compared to a consolidated net profit of …

Hindustan Unilever's third quarter net profit rises to ₹2,481 crore: Report
1 year, 11 months ago

Hindustan Unilever's third quarter net profit rises to ₹2,481 crore: Report

Hindustan Times  

FMCG major Hindustan Unilever Ltd on Thursday reported a 7.9 per cent increase in its consolidated net profit to ₹2,481 crore for the third quarter ended December 31, 2022. HUL's total expenses were at ₹ 12,225 crore in Q3 FY22 as against ₹ 10,329 crore in the year-ago period. Its consolidated total income during the quarter under review rose 16.35 …

HUL Q3 results: Net profit rises 12% YoY; beats Street estimates
1 year, 11 months ago

HUL Q3 results: Net profit rises 12% YoY; beats Street estimates

Live Mint  

India's largest fast-moving consumer goods company Hindustan Unilever Ltd on Thursday said its standalone net profit for the third quarter ended December 2022 rose 11.6% year-on-year to ₹2,505 crore, helped by an increasing demand for its beauty and personal care products, which offset a rise in raw-material costs. The Indian arm of global consumer goods giant Unilever Plc recorded double-digit …

FMCG company Emami declares 400% dividend, posted muted performance in Q2
2 years, 1 month ago

FMCG company Emami declares 400% dividend, posted muted performance in Q2

Live Mint  

With a market valuation of ₹20,511 Cr, Emami Limited is a large-cap company that engages in the FMCG industry. The Holding company has fixed November 21, 2022, as the Record Date for the purpose of determining shareholders entitled to receive the said Interim Dividend.” The company declared net sales of ₹807.36 crore in Q2FY23 compared to ₹777.1 crore in Q2FY22, …

FMCG firms shield margins in times of high inflation
2 years, 4 months ago

FMCG firms shield margins in times of high inflation

Deccan Chronicle  

Chennai: Inflation seldom bites into the profit margins of fast moving consumer goods companies as they have the leverage to raise product prices to protect themselves from rising raw material prices. Cosmetics, toiletries, soaps and detergents companies recorded their best operating profit margin at 21.7 per cent in 2020-21 even as sales grew by 13.3 per cent. Around 15 of …

HUL Q1 Results: Net Profit Jumps 14 Per Cent To Rs 2,391 Crore, Beats Street Estimate
2 years, 5 months ago

HUL Q1 Results: Net Profit Jumps 14 Per Cent To Rs 2,391 Crore, Beats Street Estimate

ABP News  

FMCG major Hindustan Unilever Ltd on Tuesday posted an increase of 13.85 per cent in its consolidated net profit to Rs 2,391 crore for the first quarter ended June 2022, thus beating analysts' estimate of Rs 2,191.3 crore. The FMCG compnay's total expenses were higher 20.79 per cent at Rs 11,531 crore as compared to Rs 9,546 crore in the …

Hit hard by inflation, FMCG industry reports volume decline in June quarter
2 years, 6 months ago

Hit hard by inflation, FMCG industry reports volume decline in June quarter

Live Mint  

Demand in the FMCG industry remained soft in the June quarter, with major players Dabur, Marico and Godrej Consumer Products Ltd stating that consumers have titrated consumption as unprecedented inflation continued to impact the share of their income available for spending on consumer staples. The domestic FMCG industry continued to be "hit hard by inflation levels" leading to successive price …

Stocks to Watch Today: HUL, Axis Bank, ONGC, Bajaj Auto, and Others
2 years, 8 months ago

Stocks to Watch Today: HUL, Axis Bank, ONGC, Bajaj Auto, and Others

News 18  

The market continues to be choppy as the battle between bulls and bears goes on. Bajaj Auto The two-and-three-wheeler maker recorded a 10.3 percent year-on-year growth in profit at Rs 1,469 crore in the quarter ended March 2022 on incentives from the Maharashtra government for April 2015 to March 2021, but revenue dropped 7.2 percent YoY to Rs 7,974.8 crore …

Hindustan Unilever Q4 Results: Profit Rises 5 Per Cent To Rs 2,307 Crore In March Quarter
2 years, 8 months ago

Hindustan Unilever Q4 Results: Profit Rises 5 Per Cent To Rs 2,307 Crore In March Quarter

ABP News  

New Delhi: FMCG major Hindustan Unilever on Wednesday logged consolidated net profit rise of 5.34 per cent to Rs 2,307 crore for the fourth quarter ended March 31, the PTI reported. In a regulatory filing, HUL said, the FMCG firm’s revenue from sales during the quarter under review stood at Rs 13,468 crore, up 10.21 per cent, as against Rs …

HUL Q3 Results: Net Profit Jumps 18% YoY To Rs 2,300 Crore
2 years, 11 months ago

HUL Q3 Results: Net Profit Jumps 18% YoY To Rs 2,300 Crore

ABP News  

New Delhi: FMCG major Hindustan Unilever on Thursday clocked an 18.68 per cent increase in consolidated net profit to Rs 2,300 crore for the third quarter ended December 2021. The company had posted a net profit of Rs 1,938 crore in the October-December period of the previous financial year. Revenue from sales during the quarter under review stood at Rs …

ITC Q1 Result: Profit up 30.24%, revenue rises 35.9% as segments rebound
3 years, 5 months ago

ITC Q1 Result: Profit up 30.24%, revenue rises 35.9% as segments rebound

India TV News  

ITC Ltd has reported a 30.24 per cent jump in its consolidated net profit to Rs 3,343.44 crore for the first quarter ended June 2021 lead by a "strong rebound" in operating segments. During the April-June quarter, revenue from total FMCG business was Rs 9,534.07 crore, up 23.68 per cent, as against Rs 7,708.89 crore in the year-ago period. FMCG …

ABB India’s growth prospects trip after dismal Q1 across segments
4 years, 7 months ago

ABB India’s growth prospects trip after dismal Q1 across segments

Live Mint  

ABB India Ltd’s March quarter earnings missed analysts’ forecasts, mirroring the challenges across domestic industrial sectors. The Indian arm of Swiss-Swedish capital goods maker posted wafer-thin profit margins as it battled covid-19 woes. Impacting revenue was “lower sales, non-receipt of delivery clearance, lower service revenue in the nationwide lockdown due to the covid-19 pandemic,” said the firm in the results …

Hindustan Unilever shares drop over 5% after company reports 4% decline in net profit in Q4
4 years, 8 months ago

Hindustan Unilever shares drop over 5% after company reports 4% decline in net profit in Q4

Firstpost  

Shares of Hindustan Unilever on Monday fell 5.5 percent after it reported a 3.93 percent decline in consolidated profit for the fourth quarter due to coronavirus crisis from mid-March New Delhi: Shares of Hindustan Unilever on Monday fell 5.5 percent after it reported a 3.93 percent decline in consolidated profit for the fourth quarter due to coronavirus crisis from mid-March. …

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