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Consumer staples companies see stable demand in Q2 FY26: Motilal Oswal
November 05, 2025
|The Business Guardian
Consumer staples companies in the country saw stable demand trends during the July to September quarter (2QFY26), though overall performance was affected by the GST transition and extended monsoon season, according to a report by Motilal Oswal Financial Services.
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The report highlighted that the impact of the GST transition was more significant in personal care.
It stated, “Consumer: Staples companies witnessed stable demand trends; however, the GST transition and an extended monsoon period weighed on overall performance during the quarter.”
In the packaged foods category, players like Nestle and ITC performed well. Nestle reported an 11 per cent revenue growth, while ITC’s FMCG segment also registered healthy growth during the quarter. However, personal care companies struggled to maintain momentum.
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