Nestle stock up 3% as Q1 profit jumps 27% to ₹934 cr
The FMCG major's revenue grew 9% year-on-year at ₹5,268 crore during the quarter under review, as against ₹4,830 crore in the corresponding period of the previous year.
The FMCG major's revenue grew 9% year-on-year at ₹5,268 crore during the quarter under review, as against ₹4,830 crore in the corresponding period of the previous year.
The FMCG major is optimistic about the mid-term impact of better monsoons, and improving macro-economic indicators.
Nestlé India says it has already reduced added sugars by up to 30% over the past 5 years depending on the variant.
ITC Infotech India, a subsidiary of ITC, has entered into a deal to acquire Blazeclan Technologies for ₹485 crore.
Demand trends remained sluggish during the quarter, says Dabur India
E-learning module, leadership development programmes help company keep employee satisfaction high.
Patanjali Foods says directions and observations of Supreme Court do not have any bearing on regular business operations
Among the 30 constituents of Sensex, barring ITC, ICICI Bank, Kotak Bank, Bajaj Finance, and HDFC Bank, all heavyweights ended in negative terrain.
Changing global cereal prices are expected to influence FMCG product prices directly.
Sector stages smart comeback with 27% rise in total income as premiumisation catches on.