Search result for 'high commodity prices'

Marico''s India business sees high single-digit volume growth in Q2 despite GST impact. Expects modest profit growth due to discounts.

Nestle India's Q1 2025 profit declined 13.4% to Rs 646.59 crore due to high commodity prices. Shares dropped over 5% on the BSE and NSE.

Nestle India's June quarter profit fell 13.4% to Rs 646 crore due to high commodity prices, while sales rose 5.8% to Rs 5,073 crore.

Indian stock markets tumbled on Thursday, wiping out Rs 6 lakh crore of investor wealth due to foreign fund outflows and rising inflation. Sensex fell 0.61%, dragged down by FMCG and auto sectors.

Sensex and Nifty tumbled to 2-month lows on Thursday due to selling in banking, auto, and realty stocks. FIIs offloaded Rs 3,435.94 crore in equities on Wednesday.

Nestle India shares closed down over 3% on the BSE after the company reported a decline in net profit for the September 2024 quarter, citing high commodity prices and softer consumer demand.

Sensex and Nifty slumped for the third consecutive day on Thursday, driven by foreign fund outflows and selling in key sectors. Read more about the market decline.

Nestle India's Q2 profit declined due to softer consumer demand and high commodity prices, but revenue saw a slight increase. Key brands faced pressure, but Nestle remains optimistic.

Nestle India's Q2 profit dipped 0.94% to Rs 899.49 crore due to high commodity prices. However, net sales rose 1.3% to Rs 5,074.76 crore. Read more.

Gold prices are expected to surge to Rs 70,000 per 10 grams in 2024, driven by global economic uncertainties and geopolitical tensions, according to the All India Gem and Jewellery Domestic Council.