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    HomeNewsBusinessCompaniesFMCG Q3 profitability affected by surging input cost

    FMCG Q3 profitability affected by surging input cost

    The third quarter of FY2011 saw margin reduction for most of the fast moving consumer goods (FMCG) companies on account of a higher raw material cost and sustained higher advertisement spends during the quarter, reports the Economic Times quoting brokerage firm Sharekhan.

    February 11, 2011 / 17:44 IST

    The third quarter of FY2011 saw margin reduction for most of the fast moving consumer goods (FMCG) companies on account of a higher raw material cost and sustained higher advertisement spends during the quarter, reports The Economic Times quoting brokerage firm Sharekhan.


    The top line growth was a function of a better volume growth for the FMCG companies (except for Tata Global Beverages Ltd [TGBL]) while the price increases improved the overall value growth of these companies, the report adds.

    Source: The Economic Times

    first published: Feb 11, 2011 05:38 pm

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