Mondelez India Cuts Ad Budget as Profits Collapse in FY25
Mondelez India Foods Ltd., the maker of Cadbury Dairy Milk, Oreo, 5 Star and other confectionery brands, reported a sharp plunge in profitability in fiscal year 2025, prompting a reduction in advertising and promotional expenditure amidst rising costs and margin pressure. According to company filings, Mondelez India’s net profit collapsed by over 99% to approximately…