Bhalla, currently ‌vice president, Canada and global customers at confectionery maker have seen a record number of leadership changes over the past one year. Nestle, Live EventsDabur, which makes Real juice and Vatika shampoo, reported a 7.3% increase in year-on-year consolidated net profit at Rs 553.61 crore for the quarter ended December 31, 2025. Consolidated revenue grew by 6.1% to Rs 3,559 core. The company said demand trends in India witnessed gradual recovery following GST rate cuts. as a Reliable ...

Currently, Bhalla is vice-president (Canada & global customers) at The Hershey Company, whose mainstay portfolio includes chocolate and confectionery brands such as Kisses, Reese's, Jolly Rancher and SkinnyPop. The impending transition at Dabur, which makes Vatika shampoo, Real juices and chyawanprash, comes against the backdrop of a series of Hindustan Unilever, According to Bhalla's LinkedIn profile, he has had an over eight-year tenure at The Hershey Company in diverse roles across Canada, Asia-Pacific, ...

Core Viewpoint - The company experienced short-term moderation in sales during the September quarter due to consumers deferring purchases in anticipation of Goods and Services Tax (GST) price cuts [1][7]. Group 1: Sales Performance - The moderation in sales was attributed to consumers waiting for GST-linked price reductions and distributors focusing on liquidating existing higher-priced inventory [1]. - Despite the short-term sales moderation, the company expects revenue growth in the mid-single digits and operating profit growth to align with revenue growth [1]. - Brands not affected by GST cuts, such as honey and Anmol Coconut Oil, performed well, allowing the company to maintain market share gains in over 90% of its portfolio [2][5]. Group 2: Impact of GST - Key categories like oral care, juices, hair oils, shampoo, and others, which represent approximately 60% of the company's India business, will benefit from the GST rate cut to 5% [5]. - Currently, 85% of the company's portfolio is under the 5% GST rate, which is viewed as a significant positive development [5]. - The GST reforms have resulted in daily essentials, including soaps and shampoos, now attracting a 5% GST [6]. Group 3: External Factors - The beverage portfolio was negatively impacted by higher-than-expected rainfall and floods in July and August, affecting products like Real fruit juices and coconut water [5]. - Hindustan Unilever (HUL) also reported a short-term impact on sales due to GST reforms, with expectations of near-flat to low single-digit growth for the quarter [7].