HUL’s sales volume saw a strong recovery in the December quarter. The company anticipates a better second half of the fiscal year and improved performance next year. This optimism stems from strategic portfolio changes and a positive economic outlook. Acquisitions like Minimalist are boosting growth in premium segments.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs