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Dry spell for FMCG cos continues

The Morning Standard

|

April 25, 2025

Subdued consumption spoils Q4 party for HUL, Nestle as sales grow at low single digit

- ARSHAD KHAN @ New Delhi

Dry spell for FMCG cos continues

Two of India's largest fast-moving consumer goods (FMCG) companies—Nestle India and Hindustan Unilever Ltd (HUL)—reported another quarter of weak earnings, underscoring the persistent impact of subdued demand in the sector.

Nestle India on Thursday reported a 5.2% YoY fall in net profit to ₹885 crore in Q4 FY25, while HUL, India's largest FMCG company, reported a fall of 3.67% in its consolidated net profit to ₹2,464 crore, down from ₹2,558 crore in the corresponding period last year. Sequentially, consolidated net profit for HUL saw a sharper fall of 17.4%. Sales growth for the two companies remained in low single-digit figures. HUL's consolidated sales grew by just 3% YoY to ₹15,446 crore in Q4FY25. For Nestle, domestic sales grew by 4.2% to ₹5,235 crore.

The Morning Standard से और कहानियाँ

The Morning Standard

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Cyclone Ditwah: Four dead, 234 houses damaged in TN

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MISSION DECONGEST

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Lack of presence in paint a concern as India suffer yet another setback

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time to read

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REAL DISASTER: MISSED EARLY WARNING ALERTS

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The Morning Standard

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Tactics behind low PC variations

WORLD No 2 India earned as many as 20 penalty corners against Oman, who are ranked 40 in FIH junior men’s rankings, in their second Pool B match of the Hockey Men’s Junior World Cup at the Mayor Radhakrishnan Hockey Stadium in Chennai on Saturday.

time to read

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