FAST-MOVING CONSUMER goods (FMCG) companies may report low-single-digit revenue growth in the December quarter of FY25 owing to sluggish urban demand and persistently high input costs, analysts as well as companies said.
"We expect volume growth deceleration across the board, given the slowing urban demand and a gradual rural recovery," analysts at Kotak Institutional Equities wrote. "Volume growth is likely to be in low-to-mid single digit for most companies," analysts at Nuvama Institutional Equities said.
In its quarterly update released on Friday, Dabur India said it expects a flattish operating profit growth in Q3. Marico said it expects a higher-than-anticipated gross margin contraction on a year-on-year basis and a modest operating profit growth in Q3.
هذه القصة مأخوذة من طبعة January 04, 2025 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 04, 2025 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Tenuous Gaza ceasefire
A permanent cessation of hostilities to facilitate reconstruction, however, is an open question
Brokerages positive on Paytm; shares fall
MAJOR BROKERAGES REMAIN positive on Paytm as the fintech managed to narrow its third quarter net loss, with the company continuing to witness an improvement in business metrics.
Exporters Can Import Small Diamonds Sans Duty From Apr 1
THE GOVERNMENT ON Tuesday announced a scheme that will allow duty-free import of natural cut and polished diamonds of up to 25 cents or quarter of a carat by exporters to retain India's position as a global leader in the entire diamond value chain, according to a statement.
66 dead, 51 hurt in Turkey ski resort fire
A FIRE AT a ski resort hotel in Turkey's Bolu mountains killed 66 people and injured 51 others on Tuesday, forcing panicked guests to jump out of windows in the middle of the night.
Major Lenders to Urge RBI to Delay April Liquidity Rule
Some of large lenders are planning to request concessions from the new head of the Reserve Bank of India (RBI) regarding proposed liquidity regulations, arguing the rules could hamper efforts to boost lending, according to people familiar with the developments.
D2C snack brands make global forays
D2C SNACK BRANDS like Go Desi, Beyond Snack, and Sweet Karam Koffee, among others, are making significant strides in international markets.
South Indian Bank posts ₹342-cr profit
SOUTH INDIAN BANK has posted a 12% year-on-year growth in net profit for the third quarter at ₹341.87 crore.
Trump's withdrawal of US from WHO to impact global health
PRESIDENT DONALD TRUMP is pulling the US out of the World Health Organization (WHO), raising concerns about the UN agency's ability to fight diseases and respond to emergencies around the globe without its biggest funder.
JSW Group to invest ₹3L cr in Maha's critical sectors
THE JSW GROUP on Tuesday signed a memorandum of understanding (MoU) with the Maharashtra government at the World Economic Forum (WEF) in Davos to invest ₹3 lakh crore across critical sectors in the state.
OpenAI CFO: Musk shouldn't use legal challenges to compete
OPENAI CHIEF FINANCIAL Officer (CFO) Sarah Friar characterized Elon Musk's legal challenge to stop the ChatGPT maker from becoming a for-profit company as competitive maneuvering.
