HUL sees signs of a gradual consumption recovery aided by macroeconomic tailwinds, along with portfolio transformation.
Asian Paints is expecting single-digit volume and value growth in the near-term amid a muted demand environment.
Tata Consumer expects volume growth to recover as prices stabilize, with margins normalizing to historical levels going ahead.
There is a a very clear case for investment, given HUL's internal and external macro-economic components, according to chief Rohit Jawa.
Unilever’s new CEO Fernando Fernandez is doubling down on India, stating that HUL is a strategic long-term priority for the firm.
Tata Consumer Products saw steady U.S. growth in Q4, aided by a 15 percent jump in tea sales and an 11 percent rise in EBIT.
Britannia Industries' MD Varun Berry said that the value growth of the FMCG pack is falling while input cost inflation is on the rise, making it a tough operating environment
Asian Paints CEO Amit Syngle shared that the intensity of competition has gone up, especially as demand has taken a hit in the quarter gone by.
Titan Company reduced its FY25 EBIT margin guidance while citing rising gold prices, product mix shifts, and weaker first-half performance as key factors
Distributor inclusion is our priority number one; we invest behind this because we want our shoppers to be able to shop through kirana stores, said CEO Rohit Jawa.
Consumers have become more discerning, more aspirational compared to the past, said HUL CEO Rohit Jawa.
Rising prices will give the firm headroom for increased brand investment especially with new entrants like Birla Opus in the industry, per Nuvama.
The company said its operating margin will stay in the current 14%-mark in the near-term as it continues to invest in technology and to hire teams across the board.
The company plans to continue to hire employees to support growth
The company will close the financial year 2023-24 with 11.5 percent revenue growth, falling short by 50-basis-points (bps) of the guidance it has set for itself.
Happiest Minds CFO Venkatraman Narayanan previously said that the company was "reasonably close" to completing one large acquisition, but it was delayed. This delay led Happiest Minds to revise its revenue guidance downward by more than half, from 25 percent to 12 percent for FY24.
On track for Rs 20,000 crore capex for FY24, the company has already spent Rs 8,000 crore in H1. The government’s infrastructure push is expected to benefit the company.
CFO says Middle East growth is looking at more broad-based translating into more opportunities for L&T
Managing Director and Chief Executive Officer TV Narendran said Tata Steel’s Rs 16,000 crore capex in FY24 is on track. India demand continues to be strong.
During the first quarter, the total advances of HDFC bank rose by 15.8 percent to Rs 16.15 lakh crore.
Paytm's revenue from operations increased by 39.4 per cent to Rs 2,341.6 crore during the reported quarter from Rs 1,679.6 crore in the June 2022 quarter.
The insurer expects claims to normalise to historic levels now that the pandemic has receded
Canara Bank expects less than 1 percent of the total restructured loan pool to slip into NPAs.
While junior employees will get their increments effective April 1, senior employees’ salary increases will be rolled out in July.
C Vijayakumar is confident that in the next five years, the industry’s growth will outpace its growth in the past five years. The IT services sector can definitely record double-digit growth, said the HCL Tech CEO
