 "FMCG, sales, growth, economy, consumer goods")
Shares of fast moving consumer goods (FMCG) companies were under pressure for the second straight day on Wednesday, falling nearly 5 per cent during the period, on concerns of slowing sales in the rural market.
On Tuesday, the country's largest FMCG company, Hindustan Unilever (HUL), posted a 9 per cent year-on-year (YoY) rise in net profit at Rs 2,187 crore for the July-September quarter (Q2 of FY22). This was marginally lower than the Rs 2,195 crore estimated by Bloomberg. While volume growth at 4 per cent was weaker than the 9 per cent in the June quarter, the company
On Tuesday, the country's largest FMCG company, Hindustan Unilever (HUL), posted a 9 per cent year-on-year (YoY) rise in net profit at Rs 2,187 crore for the July-September quarter (Q2 of FY22). This was marginally lower than the Rs 2,195 crore estimated by Bloomberg. While volume growth at 4 per cent was weaker than the 9 per cent in the June quarter, the company
