Indian Indices End Flat, Nifty Settles Below 16,650; Britannia & Tata Consumer Among Top Gainers

For the full year, profit after tax (PAT) came at Rs 6.5 bn, growing 51% YoY backed by strong sales growth, productivity, and a one-time help.

For the fiscal, both feminine care and healthcare businesses recorded double-digit growth and grew ahead of their categories.

In a separate filing, P&G Hygiene reported that they have appointed Ghanashyam Hegde as the company secretary of the company and compliance officer effective 1 September 2021.

Presently, Hegde is the non-executive Director of the company. After his appointment as company secretary, Hegde will be holding an executive position in the company.

P&G Hygiene share price ended the day up by 2.5% on the BSE.

Speaking of the FMCG sector, have a look at the chart below which shows the performance of BSE Sensex and BSE FMCG index since 2009.

While Sensex has offered 393% returns since 2009, the BSE FMCG index has gone up a staggering 532% returns over the same period.

With a rising population and standards of living, Indian consumption demand for FMCG products will skyrocket over the coming years.

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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity research ...

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