Jan 22, 2011 06:25 PM IST
FMCG major Godrej Consumer reported jump in its consolidated net profit at Rs 118.8 crore for quarter ended December 2010 compared to Rs 85.1 crore for the same period last year. Net sales for the company stood at Rs 980 crore versus Rs 517 crore year-on-year.
- Jan 19, 2011 05:54 PM IST
Indian mid-cap consumer good firms are expected to see volume growth steer earnings in the December quarter, as margins remain under strain due to mounting input costs and rising competition erodes pricing power.
- Jan 14, 2011 08:10 PM IST
With rising input costs, FMCG players have been on a price hike spree. From biscuits to dairy products and soaps, price hikes in the pipeline for most categories.
- Jan 11, 2011 12:55 PM IST
Nikhil Vora, managing director of IDFC Securities has changed his multiyear circumspect view on Hindustan Unilever (HUL). "It is taking a departure from being a mass marketer to a player in the mid to the premium end segment," he explained.