New Delhi: India’s largest FMCG firm, Hindustan Unilever Ltd, is set to announce its March quarter (Q4) results today. For instance, biscuit maker Britannia Industries posted a 7% volume growth during the quarter in its earnings announced earlier in the weeks while Dabur India reported its slowest domestic volume growth in seven quarters in Q4. Jefferies expects volume growth to moderate for HUL at 5%. In the March quarter of FY18, the Mumbai-headquartered company had posted volume growth of 11%, albeit on a lower base. Another brokerage Edelweiss too expects moderation in volume growth at 6% year-on-year on account of a high base in the year-ago period.

Source: Mint May 03, 2019 03:11 UTC