RISING INFLATION IN vegetable oils and food is likely to impact the third quarter performance of leading fast-moving consumer goods (FMCG) players. Godrej Consumer (GCPL), in its Q3 update, has highlighted slowdown concerns during the period and has said it expects flattish underlying volume growth and mid-single digit sales growth due to subdued demand conditions, notably in soaps and household insecticides.
"The surge in palm oil and derivatives prices to the extent of a year-on-year increase of 20-30% has impacted the soaps category, which represents one-third of our standalone business revenue. To partly offset the cost increases we have taken price increases, reduced grammage of key packs and reduced various trade schemes," GCPL said. GCPL is the country's second-largest soaps maker after Hindustan Unilever (HUL).
Diese Geschichte stammt aus der December 09, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der December 09, 2024-Ausgabe von Financial Express Mumbai.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Special category visa for foreign students
INDIA HAS LAUNCHED two special category visas for international students intending to pursue higher education in academic institutions in the country.
Stars Who Couldn't Walk the Talk
IN THE END, just one Indian could get on top of the dias at the presentation ceremony of Border-Gavaskar Trophy (BGT).
Bajaj Auto's EV charge
LAUNCH OF MASS MARKET SCOOTERS PAYS OFF
Indian-Origin IT Companies Corner a Fifth of H-1B Visas
INDIAN-ORIGIN TECH COMPANIES cornered a fifth of all H-1B visas issued by the US with Infosys and Tata Consultancy Services (TCS) leading the pack, an analysis of data from the US immigration department showed.
A handy tool to make your voice louder
● Simple plug and play design adds to its ease of use
Track kids' location in real-time
A 4G smartwatch with large display and GPS tracking
No need to run an air purifier and room heater at the same time
● It heats in winter and purifies indoor air all year round
Readying talent for the AI era
● GenAI industry to add 1 million new jobs by 2028
A win-win solution
● Platform becomes match-maker for India Inc & startups
Man magnet: Is this the most handsome bike in India?
Those twin parking lights that look like jet engines of Messerschmitt Me 262, that calligraphy on the sides where it says 'Goan Classic', those whitewall tyres, and those raised handlebars... if all this isn't art on wheels, what is?
