FMCG makers may see single-digit volume uptick in Q2 on stable demand | News
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
