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Rural slowdown bottoming out, gradual recovery in volume expected: HUL

Though the rural growth was still down 3 per cent in the quarter ended March 31, 2023, it is on the right path of recovery with overall commodities price moderationNew Delhi: The rural slowdown is "bottoming out" and a gradual...

HUL Q4 net up 12.74% at Rs 2,601 cr; net sales up 10.83% at Rs 14,926 cr

HUL delivered strong performance with turnover growth of 11 per cent and underlying volume growth of 4 per centNew Delhi: FMCG major Hindustan Unilever Ltd on Thursday reported an increase of 12.74 per cent in its consolidated net profit...

HUL and More Retail create a perfect storm in the natural care tea category

The activation exercise mounted jointly helped HUL to drive premiumization in the tea category overall, recruit 26,000 new customers for its red-label natural care tea and retain 34% of their numbers in the following months as well. Mumbai: The partnership...

HUL appoints Rohit Jawa as new MD & CEO

Rohit Jawa is presently associated with Unilever as Chief of TransformationNew Delhi: FMCG major HUL on Friday announced the appointment of Rohit Jawa as the Managing Director & Chief Executive Officer.Jawa, presently the Chief of Transformation for Unilever, would take...

FMCG makers see green shoots of revival in rural market, increase marketing spends

Firms such as HUL, Godrej Consumer Products Ltd, Dabur, Marico and Emami expect recovery in consumption and are increasing upfront marketing investments in advertising and promotionNew Delhi: Major FMCG companies feel the demand slump has bottomed out and there are...

Worst of inflation may be behind us, says HUL CEO Sanjiv Mehta

The rural market, which has been reeling under the impact of high inflation, has seen some green shoots in terms of slowing of the decline of growth, added MehtaNew Delhi: The worst of inflation is "perhaps behind" but there...

Hindustan Unilever completes purchase of 51 pc stake in Zywie Ventures

After the acquisition of a 51 percent stake for a consideration of Rs 264.28 crore, Zywie Ventures has become a subsidiary of HULNew Delhi: FMCG major Hindustan Unilever Ltd on Wednesday said it has completed the acquisition of a...

HUL to acquire majority stake in OZiva and 19.8 pc in Wellbeing Nutrition; to invest Rs 335 crore

Hindustan Unilever Limited invested in OZiva and Wellbeing Nutrition to foray into the health and wellbeing segment New Delhi: Leading FMCG maker HUL on Thursday announced the acquisition of a majority stake in OZiva and a 19.8 per cent equity in...

HUL and GSK Consumer to terminate distribution agreement for OTC products

The agreement was for brands such as Crocin, Eno, Iodex, Ostocalcium, Otrivin, and Sensodyne. The one-year notice period for termination shall commenced from November 9, 2022New Delhi: FMCG major Hindustan Unilever Ltd (HUL) and healthcare firm GSK have mutually decided...

FMCG makers expect margins improvement and comeback of rural sales from Q3 as inflation eases

In the September quarter, FMCG companies reported a price-led growth in their top line. While in some segments, FMCG makers such as Britannia, Dabur and Nestle have reported volume growth as wellNew Delhi: The FMCG industry expects an improvement in...
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