Fast moving consumer goods companies in India are expected to report strong sales in January-March quarter, as most of them raised product prices to offset high input costs. However, the price hikes were limited and so will not be able to check margin erosion over the three-month period, analysts say.
Volume growth, that is the actual number of units sold, is also expected to be steady, and that will also boost sales. Analysts on average expect a 16-20% growth in revenues of FMCG companies, barring Godrej Consumer Products. GCPLDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
