मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Rural demand slows down for FMCG
Mint Mumbai
|November 04, 2023
Consumer goods companies pointed to sluggish recovery in rural demand in the September quarter and said demand will improve “gradually" even as urban markets charged ahead helping companies lift quarterly volumes.
“Obviously there is a slowdown as far as FMCG is concerned. We are seeing a clear slowdown in rural. Despite us continuing to get deeper into rural areas, getting into more villages, etc, we have started to see the rural economy to splutter a bit. However, these are macro issues which companies like us cannot sort out," Varun Berry, executive vice-chairman and managing director, Britannia Industries Ltd, said during the company’s post earnings call on Thursday.
The company reported flat volume growth for the quarter gone-by.
यह कहानी Mint Mumbai के November 04, 2023 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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