Friday, November 8, 2024

HUL

Hindustan Unilever’s net profit dips 1.53% to INR 2,561 Crore in Q4 FY24

FMCG giant Hindustan Unilever Ltd (HUL) has reported a 1.53% decline in consolidated net profit to INR 2,561 crore for the fourth quarter ending...

Packaged food companies shift towards healthier offerings amid growing public health concerns and regulatory pressure

Amidst rising concerns raised by public health advocates, social media influencers, and consumers, organized packaged food companies are under scrutiny for their health claims,...

Hindustan Unilever grapples with market shift as niche brands gain ground in India’s consumer landscape

Hindustan Unilever Ltd., the largest consumer company in the world’s most populous nation, has been providing everyday products from detergent to instant coffee to...

HUL mulls independent ice-cream unit amid Unilever’s global spin-off, sale prospects loom large

Hindustan Unilever Ltd (HUL) is considering the possibility of separating its ice-cream business into an independent unit, potentially as a step towards a future...

FMCG sector embraces digital advertising: 47% ad spend directed towards digital platforms in 2023

Following the pandemic-induced surge in e-commerce, the momentum of business digitalization continues to grow. Companies are increasingly utilizing digital tools to streamline operations, understand...

FMCG giants roll out budget-friendly digital packs, targeting mass market

FMCG companies are now introducing digital or e-commerce-centric product packages at more affordable prices, aiming at the mass market with tailored offerings. This marks...

Unilever eyes competitive volume growth in India, anticipates price reduction amid commodity trends

Unilever, the multinational FMCG firm, is focusing on driving competitive volume growth in the Indian market and expects a price reduction in its products...

HUL announces key management changes: Shiva Krishnamurthy to lead foods and refreshment division

Hindustan Unilever Limited (HUL), a leading FMCG manufacturer, has announced top-level changes in its management committee, which oversees the company's operations. As per a...

FMCG firms maintain steady growth with single-digit volume increase and improved margins in December quarter

During the December quarter, Fast-moving consumer goods (FMCG) firms experienced single-digit volume growth and enhanced margins across various segments. This positive trend was facilitated...

Hindustan Unilever prioritizes beauty and digital capabilities in strategic restructuring for future growth

Rohit Jawa, the managing director of Hindustan Unilever (HUL), emphasized that the company's foremost focus is on developing beauty and digital capabilities, considering them...

Hindustan Unilever signals cautious optimism in Q3 results, expects sustained recovery in market demand

Hindustan Unilever, a leading player in consumer goods, expressed cautious optimism during the announcement of its third-quarter results. The company anticipates a sustained recovery...

Taj Mahal Tea faces boycott in Maharashtra as FMCG distributors protest HUL’s margin changes

FMCG distributors demanding restoration of old margin structures from the leading maker HUL on Thursday said they would boycott its products in Maharashtra, starting...

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