FMCG major Britannia Industries has raised concerns over clear signs of a slowdown in the rural economy, said the company in its earnings conference call. On Wednesday, the company posted a 19% year-on-year (YoY) growth in consolidated net profit for the quarter ended September to Rs 588 crore. Britannia will correct the pricing once commodity prices soften.
FMCG major Britannia Industries has raised concerns over clear signs of a slowdown in the rural economy, said the company in the concall. On Wednesday, the company posted a 19% year-on-year (YoY) growth in consolidated net profit for the quarter ended September to Rs 588 crore. The numbers surpassed expectations of ET Now which predicted Rs 533 crore.
Our Health Care Team eyes the abrupt end of payments to health care providers under the Provider Relief Fund. HRSA will no longer process or complete reconsideration requests.
Most healthcare providers received Provider Relief Fund (PRF) payments (as described in greater detail in a previous McGuireWoods client alert) from the Health Resources and Services.