Nykaa had listed the US as the country of origin for the Dove and Tresemme dry shampoo products sold on its platform
The company's cost savings programme and tweaking of marketing spends would help it maintain higher operating margins, analysts said
Net profit rises 22.2% on 16.1% increase in revenue
HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23
Growth in volumes in the recent past was affected due to a significant surge in product prices
CLOSING BELL: IT, select auto and banking stocks aided the market recovery on Monday. TCS gained nearly 2 per cent ahead of its Q2 result.
Stocks to watch today: Tata Consultancy Services (TCS) will kick off India Inc's July to September (Q2FY23) earnings on Monday, October 10; HUL, GCPL slashed prices of soap products by up to 15%
Indian FMCG giant's m-cap is touched $77 billion as compared to $115 billion of Unilever that holds 62 per cent in HUL
Falling raw material prices expected to help margins recover in Q3
Chairman of the top two consumer goods companies, namely ITC and HUL, were blunt in their assessment of the market
HUL CEO Sanjiv Mehta and UP Chief Minister Yogi Adityanath virtually unveiled the spray dried detergent factory and co-located distribution centre
Revenue was up 19.6% YoY and profit up 13.5% YoY, its highest-ever quarterly figures
Business Standard brings you the top headlines this hour
CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India
CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries
In the last fiscal, FY22, the number of such executives rose by 33 per cent, 44 per cent and 113 per cent in HUL, ITC and USL, respectively
HUL Q1 results: Analysts say that the FMCG company's profit margins will continue to bear the brunt of high commodity prices, which were at peak highs for the most part of the quarter.
I remain confident that as a country, we will be able to navigate through this crisis there: HUL Chairman Nitin Paranjpe
Country going through probably the most difficult economic situation, says chairman
The HC ruled that Sebamed's advertising campaign is disparaging