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FMCG firms may report single-digit growth in Q2
Business Standard
|October 09, 2025
Companies eye stable revenue despite tax-driven supply chain churn
Fast-moving consumer goods (FMCG) companies are expected to report mid-single-digit revenue growth in the July-September 2025-26 quarter, according to their quarterly updates.
Most companies also noted that supply chains were focused on liquidating existing stock ahead of the implementation of new goods and services tax (GST) rates in categories where the tax was lowered.
An outlier is Marico, which said its consolidated revenue growth on a year-on-year (Y-0-Y) basis could touch the thirties, driven by pricing interventions and mix improvements. However, the company told investors that underlying volume growth in its India business remained in the high single digits and is expected to moderate sequentially.
Cette histoire est tirée de l'édition October 09, 2025 de Business Standard.
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