Cupid profit jumps 194% in Q1, stock hits record high
Cupid Ltd reported a 194% year-on-year rise in net profit to Rs 44 crore for the June quarter, with revenue up 142% to Rs 157 crore. EBITDA soared 265% to Rs 60…
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HUL shares drop 7% as profit falls 3% despite sales surge
Hindustan Unilever Ltd (HUL) shares fell 6.99% to ₹2,022.70 on Tuesday after the company reported a 3% drop in attributable profit to ₹2,673 crore for the June quarter, despite turnover rising to…
Britannia to raise prices 1.5-2% via shrinkflation next quarter
Britannia Industries plans another 1.5-2% price increase next quarter, mainly through "shrinkflation" on its Rs 5 and Rs 10 packs. CEO Rakshit Hargave said on Friday that the price hikes in the…
FMCG firms raise CEO pay despite weak volume growth
India’s largest consumer goods companies paid top executives more and appointed new leaders in FY26, even as demand and volume growth stayed subdued. Marico CEO Saugata Gupta received the highest total remuneration…
Britannia Shares Rally 4% on Stronger Quarter-End Growth
Britannia Industries shares rose about 4% to Rs 5,652 on Friday after the biscuit maker reported stronger June-quarter earnings and improving demand. Sources differ slightly on net profit, putting it at Rs…
Global FMCG giants plan bigger India investments after strong quarter
Global consumer goods companies including Mondelez, L’Oreal, Reckitt, Unilever, Nestle and Coca-Cola reported strong Indian demand and market-share gains in the June quarter, according to the Economic Times. They pointed to premium…
Orkla India reports 10.4% revenue growth as food rivalry intensifies
Orkla India’s revenue from operations rose 10.4% year on year to Rs 659 crore in the quarter ended June 2026. Profit increased 11.12% to Rs 87.7 crore, with growth across categories, channels…
RBI Holds Repo Rate at 5.25% as Inflation Risks Persist
The Reserve Bank of India kept its repo rate at 5.25% for the fourth consecutive meeting and retained a neutral stance. It raised its FY27 growth forecast to 6.7% from 6.6% and…
