The trend that took off during the pandemic has not slowed down. FMCG businesses have been reporting steadily brisk growth of sales through ecommerce.
Which sectors performed well and which ones disappointed? Here's a look at the Q3 results...
Religious fervour could breathe new life into the economy of pilgrimages such as Varanasi, Puri, Mathura, Tirupati, Amritsar, Vaishno Devi and Shirdi
Out of the 50 Nifty companies, 22 companies have lagged the index in 2023
Focus on customer reviews and surveys to asses evolving consumer needs. It would allow company to asses how advertisement and premiumization has impac
Adani Enterprises up 19% on the bourses; EPFO working on change in pension formula; PAN must for deposit of Rs 50K or more of Rs 2K notes; Sebi propos
Even commentaries by international companies like Unileverand Coca-Cola point to concerns in rural areas and also due to non-seasonal rains
There is a risk of El Nino and non-seasonal rains impacting crops in March
FMCG major Hindustan Unilever reported 12 per cent increase in PAT to Rs 2,601 crore for the fourth quarter of financial year of 2023
Improvement in operating margin is likely to play out largely only in the fourth quarter.