Key Points
BENGALURU, Nov 6 (Reuters) - Indian consumer good company Zydus Wellness (ZYDS.NS) reported a more than 30% drop in second-quarter net profit on Monday due to a one-off deferred tax expense...
The maker of Glucon-D energy drink and Complan health drink, posted a net profit of 59 million rupees ($709,134.62) for the quarter ended Sept. 30, as it flagged a deferred tax of 27 million rupees...
Analysts had expected gross margins for most consumer good companies to expand year-on-year during the July-September quarter due to a moderation in prices of some raw materials...
Bigger rivals Nestle India (NEST.NS) and Dabur India (DABU.NS) beat September quarter profit estimates on higher demand, while ITC (ITC.NS) missed profit view as it grappled with stiff competition...
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