Core Insights - Multinational FMCG companies in India experienced sales impacts in the September quarter due to GST reforms and heavy rains, but anticipate growth in upcoming quarters supported by favorable macroeconomic conditions [1][2] Company Performance - Unilever reported that its emerging market performance is improving, particularly in India, despite short-term impacts from GST reforms, which are expected to benefit 40% of its portfolio with nearly a 10% price reduction [3] - Reckitt's net revenue growth in India was affected by new GST slabs, but it achieved volume-led growth in its Dettol brand [4] - Reckitt's CFO noted that the impact of GST phasing in Q3 was low to mid-single digits, with like-for-like growth in India being low single digits [5] - Heineken's beer volume in India declined by mid-single digits due to heavy rains, but its organic net revenue grew by a mid-single-digit percentage, supported by price hikes [7][8] - Coca-Cola and PepsiCo reported disruptions in the September quarter due to weather conditions, with Coca-Cola's COO highlighting the potential for long-term growth in India despite current competitive pressures [9][10] - Pernod Ricard's sales in India increased by 3%, although they were negatively impacted by excise policy changes in Maharashtra [10][11] - Nestle SA noted strong performance and good momentum in India in its global earnings report [12]

FMCG companies selling soap to soft drinks in the Indian market reported some impact on their sales in the September quarter from disruption owing to GST reforms, along with unusually heavy rains in parts of the country, but they see growth in the coming quarters, helped by favourable macro-economic conditions. Leading global markers, including Unilever, Reckitt, Heineken, PepsiCo, and Coca-Cola, in their respective earnings calls, have mentioned challenges they faced due to disruptions in trade channels in ...

Core Insights - Reckitt Benckiser Group plc has qualified to trade on the OTCQX® Best Market, upgrading from the Pink® market, which enhances its visibility and accessibility for U.S. investors [1][3][4] - The trading symbols for Reckitt on OTCQX are "RBGLY" and "RBGPF," with current financial disclosures available on the OTC Markets website [2] - The upgrade to OTCQX signifies Reckitt's commitment to transparency and adherence to high financial standards and corporate governance practices [3][4] Company Overview - Reckitt is known for its consumer health and hygiene brands, including Dettol, Durex, Finish, Gaviscon, Harpic, Lysol, Mucinex, Nurofen, Strepsils, Vanish, and Veet, focusing on innovative, science-backed solutions for healthier living [4][5] - The company's mission is to protect, heal, and nurture, aiming for a cleaner and healthier world while expanding access to healthcare and driving sustainable innovation [5][6] Industry Context - OTC Markets Group Inc. operates regulated markets for trading 12,000 U.S. and international securities, providing a platform for companies to access U.S. financial markets efficiently [7][8]