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Covid-19 crisis: HUL hints at margin pressures, higher operating costs

"Distribution costs have significantly increased and there will be short-term pressure on margins," Sanjiv Mehta, chairman and managing director said.

Not all consumers curtail spending on discretionary items, says HUL CMD

Chairman and Managing Director Sanjiv Mehta says the April-June period has been largely about restoring operations.

FMCG players with higher dependence on one or 2 categories more vulnerable

Competitive intensity, downtrading, and demand slowdown likely to hurt performance and valuations

In-home consumption of biscuits, salty snacks increases amid lockdown

According to a research by UK broking house, Investec Securities, in the near term, out of home consumption is expected to take a back seat as the lockdown keeps more people at home

Retailers to gain from easier norms, recovery longer for malls, multiplexes

The relaxation also comes as a relief given that consumption segments were impacted by the slowdown even prior to Covid-19

Lockdown-hit corn starch makers find silver lining in downstream pharma

Although pharma accounts for 10-15% of corn starch supplies, manufacturers are looking to partly make up for loss in production, as offtake has received some support from the crash in input corn price

FMCG capacity utilisation surges to 70-75% as lockdown curbs ease

The only exception here is Hindustan Unilever (HUL), the country's largest FMCG company, which is opearting at 80 per cent capacity utilisation.

India's FMCG market contracts 34% in April amid Covid-19 outbreak

Traditional trade sees bigger drop, says Nielsen

Nestle India's business loss could be more than 30%, says MD Narayanan

Prime Minister Narendra Modi's call for swadeshi was misinterpreted by some. We are here for 108 years. We have 7,200 Indian employees. We work with over 100,000 Indian farmers, says Nestle India CMD

Plants working at 70% capacity, aiming for optimal level soon: Adani Wilmar

In view of large-scale migration of workers, firm has been managing its operations with 50-60 per cent of the workforce

Coronavirus impact: Nestle Q1 an outlier as consumers focus on food

Robust portfolio, cost efficiency to keep earnings momentum strong

GSK to offload HUL stake worth Rs 26,000 cr in largest secondary sale

Over 133 million shares, or 5.7% of the paid-up capital, are being offered for Rs 1,850-1,950 to investors through a special block window

India, China hit hard due to coronavirus, says Colgate global CEO

Both the countries reported a decline in sales in the March quarter

Covid-19 impact: HUL Q4 volumes decline 7%, more than in demonetisation

The Street had factored in a drop of 2-4 per cent in Q4 volume growth on account of the Covid-19 outbreak and subsequent lockdown but 7% decline was a surprise for many.

Hit by Covid-19, India's FMCG market to see slowest growth in 4 years

Nielsen estimates 5-6% full-year growth, down from 9-10 %

71% drop in FMCG demand due to Covid-19, zero orders in 95% outlets: Study

The Bizom report has captured insights by analysing data from 30% of the retail space across 400 districts and 2,000 towns and cities; it covers a population of 800 million

Reasonable capacity utilisation may take a quarter: ITC's Sanjiv Puri

FCMG companies have been grappling with multiple challenges - manufacturing, supply chain and manpower availability being primary among them

Coronavirus lockdown keeps companies' yearly, quarterly results in limbo

Till April 19, only 41 out of the 3,947 companies listed on the BSE have managed to finalise the dates for the declaration of their yearly financial results.

Gain some, lose some: What India's Covid-19 relief package means for biz

As India manages life under a 21-day lockdown, the government and the RBI have moved to help the economy and the poorest. A look at who gains from these moves and who loses out

What lessons has India Inc learnt as it prepares for life after lockdown

The social distancing imperative has prompted the company to consider rejigging shifts, so that there is no overlap of workmen between two shifts