For the quarter ended June 30, 2019, the FMCG bellwether reported 15 per cent year-on-year (YoY) growth in its net profit at Rs 1,755 crore.
Lifebuoy and Lux are month highest-selling soap brands in India while Santoor became the first Indian soap brand to touch annual sales of Rs 2,000 crore
The Tata Group company, which is undergoing restructuring by merging the consumer business under Tata Chemicals with itself, has been vying to regain its hold as market leader in value terms as well
Recently, HUL launched the matcha tea under the Lipton brand on e-commerce platforms
HUL Chairman and Managing Director Sanjiv Mehta admitted that not only rural growth, urban growth too was slowing
The government is taking necessary steps to revive economic growth. We remain optimistic that the second half of the current financial year will be better
Company says operating margins will improve due to new accounting treatment for leases
The company claimed that it has always maintained that GST is a progressive reform which will benefit consumers and the industry at large
Of the Rs 3.83 bn, half the sum is to be deposited in the central Consumer Welfare Fund and the other half in the similar funds of 35 states and Union territories
Nifty FMCG index, the largest gainer among sector indices, has risen 1.4% at 29,642, as compared to 0.15% rise in the Nifty 50 index, at 01:07 PM.
The FMCG major posted a 10 per cent volume growth during the quarter, compared with 12 per cent growth in the immediately preceding quarter and four per cent a year ago.
CMD Sanjiv Mehta said it would be beneficial to all if rules were spelt out by Centre
With celebrity ambassadors and a campaign around social taboos, the toilet-cleaner brand steps out of the closet
Analysts expect stable market demand seen in Q1FY19 to continue into the current quarter with rural growth outpacing that of urban
The deal includes the front-end distribution network of the ice cream business across geographies and is expected to be completed over the next few months
On a year-to-date basis, the stock has rallied around 29.19 per cent and has outperformed the Nifty FMCG index
HUL has been facing protest from non-government organisations for alleged mercury contamination
There will be little room for price hikes as we propose to pass on the net GST benefit to consumers
On NSE, shares of the company rose by 2.65% to close at Rs 1,095.35
HUL reported a growth rate of only 2.4 per cent in packaged foods for the quarter ended on March 31