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Dry spell for FMCG cos continues

The New Indian Express Bhubaneswar

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April 25, 2025

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

- ARSHAD KHAN @ New Delhi

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 New Indian Express Bhubaneswar

यह कहानी The New Indian Express Bhubaneswar के April 25, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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