FMCG makers may see single-digit volume uptick in Q2 on stable demand
3 min read Last Updated : Oct 07 2024 | 12:19 AM IST
Fast-moving consumer goods (FMCG) makers are likely to report a single-digit uptick in volumes amid “stable” demand trends in the second quarter of the ongoing financial year.
According to analysts at Elara Securities, FMCG products demand remained stable, with rural growth outperforming urban for the third consecutive quarter, albeit on a favourable base.
Initially weak, demand increased later in the quarter, they added.
Analysts at the brokerage, which tracks firms like Hindustan Unilever, Nestle, Dabur, Marico and Britannia, among others, said companies are expected to “report a revenue and volume growth of 5.7 per cent year-on-year (Y-o-Y) and 5.5 per
Originally published by business-standard.com. Syndicated material does not necessarily reflect the views of Grazia British.
More Celebrity
James Quattrochi: From the Bronx to Hollywood — An Italian-American Story
Grazia British Exclusive For James Quattrochi, every role begins with authenticity. Raised in a proud Italian-American family near the legendary Arthur Avenue in the Bronx—New York City’s…
Puig and Fondazione Dries Van Noten Signed a 3-Year Partnership
CANAL PLUS: Spanish beauty and fashion firm Puig is further accompanying Dries Van Noten in his post-runway career, signing a three-year partnership with his new cultural venture in…
EXCLUSIVE: Dior Rolls Out New-look Dioriviera Beach Collection With Sailing-themed Pop-ups
PARIS — Dior is setting sail with a new-look Dioriviera line this summer, marking Jonathan Anderson’s first beach collection since taking over as creative director of the house last year.…
EXCLUSIVE: For NN.07, 2025 Was a Very Good Year
Not many fashion brands can crow about double-digit momentum these days, but Danish menswear firm NN.07 can. The Copenhagen-based company said net sales last year jumped 18 percent,…