Energy sector stocks outperform all others in September
All sectors including auto, banks, consumer durables FMCG, healthcare witnessed a positive performance in September.
All sectors including auto, banks, consumer durables FMCG, healthcare witnessed a positive performance in September.
Adani Wilmar reported a 12 per cent yearly decline in consolidated revenue during April-June 2023 quarter at Rs 12,928 crore.…
Reliance Retail (RR) has begun appointing super-stockists to distribute its private label products in multiple FMCG categories, Kotak Securities said in a report.
Margin profiles for FMCG businesses are superior to that of grocery retailers with gross margins of 40-60 per cent and EBITDA margin of 15-25 per cent versus 15 per cent and 9 per cent, respectively, for DMart.
Khadi and Village Industries Commission (KVIC) for the first time, has posted a turnover of Rs 1.15 lakh crore, which is unprecedented by any FMCG company in the country. This makes KVIC the only company in the country to have recorded a turnover of Rs 1 lakh crore.
"Both Patanjali and Ruchi Soya will cross Rs 35,000 crore target,'' Baba Ramdev said at a press conference here.
The company, in its draft papers, said that the (OFS) includes "1.53 crore compulsory convertible preference shares, which will be converted up to a maximum of 91.51 lakh shares prior to the filing of the red herring prospectus with the RoC, solely for the purpose of the offer".
Interestingly, it cited that operating margin had improved by 100 bps last fiscal despite lower revenue growth, due to reduction in advertising and promotional expenses.
Apart from O2 concentrators, HUL will also be providing ventilators and other medical equipment for hospitals, including in rural areas.
The company's consolidated total income stood at Rs 12,542 crore, as against Rs 12,235 crore in the year-ago period.
