Tag
Consumer Goods
7 articles
Consumer goods companies are demonstrating robust financial performance, driven by both operational improvements and strategic initiatives. Several firms, including Nureca and Huhtamaki India, reported significant year-over-year profit and revenue growth in the first quarter, reflecting strengthened demand and efficient manufacturing strategies. Eveready Industries also posted a substantial annual profit increase, fueled by asset sales and expansion into alkaline battery production, while Sonam Limited saw a surge in both revenue and profit. These results, alongside Cello World's 9% revenue growth and completed merger with Wim Plast, suggest a positive trajectory for the sector, though investors should monitor the impact of increased gratuity provisions resulting from new labor codes.
AXIL Brands Q4 EPS Beats, Stock +5%
AXIL Brands posted Q4 adjusted EPS $0.18, beating consensus $0.14, while revenue $8.6 million missed $9.13 million estimate.
Net income turned positive at $1.5 million ($0.18 per diluted share) versus
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Management maintained FY27 revenue growth guidance of 15% and targets EBITDA margins
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EBITDA grew 18% to ₹83 crore with margins expanding 120
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• The Board authorized four KMPs, including the new CFO, to determin
Titan Postal Ballot for Director Appointments and ESOP Scheme
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Approval is sought for a new Performance Based Stock Unit S
Eveready Q1 FY27 Revenue Up 9% with 15.1% EBITDA Margin
Eveready reported Q1 FY27 revenue of ₹407.7 crore, a 9% YoY growth, with PAT up 22.3% to ₹37 crore.
The battery segment grew 11.9%, driven by a 48% volume surge in alkaline batteries, with market shar
FSSAI Strengthens Food Safety with 259 Labs, 305 Mobile Units
FSSAI notified 259 NABL-accredited labs and 24 referral labs for food testing, alongside 305 mobile units for on-the-spot checks.
47 state food testing labs upgraded under SoFTeL scheme to enhance ana