Price hike to aid Q2 FMCG sales; margin may remain stressed

Moneycontrol Bureau

The FMCG sector has been a stellar performer amid the overall volatility on the street this year. But will the second quarter results lead to further outperformance or will the rally pause? It has been a mixed bag for FMCG companies over the last few quarters. While most firms have reported double digit sales growth on the back good volumes, a rise in price of several key raw materials has kept margins under check. The second quarter is expected to be not much different. Most consumer goods firms hiked product prices to offset high input costs. Hindustan Unilever