Consumer goods firms see patchy Q1 demand

Untimely rains and a milder summer hurt demand for seasonal categories

- Suneera Tandon

Consumer goods makers Dabur India Ltd, Marico Ltd, and Godrej Consumer Products Ltd are expected to report contrasting demand patterns for their products in the June quarter, with robust sales in edible oils and home and personal care categories offset by a subdued summer for beverages.

This divergence is largely attributed to untimely rains and a milder summer, hurting demand for seasonal categories.

On Friday, Dabur India said that the Indian FMCG sector saw a sequential recovery in demand in the June quarter, with an uptick in volume growth particularly in urban markets.