For HUL, its ice cream segment with brands such as Kwality Walls, Cornetto and Magnum contributes around 3% to its total revenues – translating to nearly ₹1,800 crore in FY24. It is a high-growth business earning mid to high single-digit profitability.
Vegetable oil import down 16 per cent in March to 9.98 lakh tonne: SEA
India’s vegetable oil imports witnessed a 16% decline in March, totaling 9.98 lakh tonnes, primarily due to a significant drop in crude sunflower oil shipments.