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Investment bank Credit Suisse expects fast moving consumer goods companies to report moderate revenue growth in the third quarter (Oct-Dec) as pricing-led growth diminishes, even as volumes remain strong.
India‘s largest FMCG makes, Hindustan Unilever (HUL) would announce its second quarter earnings today. Sanjay Singh of Standard Chartered Securities expects the company‘s volumes to grow by 8 percent in Q2. However, he cautions that its packaged food category may see some slowdown.
Motilal Oswal has come out with its earnings estimates on consumer sector for September quarter FY13. According to the research firm, steep INR depreciation has negated the impact in many commodities, prices of which are linked globally.
Despite the economic slowdown and a not-so-good monsoon, fast moving consumer goods (FMCG) companies are likely to post strong financial growth in the July-September quarter of FY13, research firms have indicated.
Fast moving consumer goods companies are expected to report on average around 20% year-on-year sales growth in the Jan-March quarter, helped by some softening of input costs and price hikes.
Nestle India's shares fell over 3% on Thursday as investors gave a thumbs down to the dairy and food company's first quarter results.
Fast moving consumer goods companies seem to have ridden the economic slowdown quite well, and are expected to report a strong growth in volumes, even as firms hiked some product prices to offset high input costs.
Emkay Global Financial Services has come with its March quarterly earning estimates for consumers sector. The research firm has recommended to buy Nestle, GSK Consumer and Marico from agri-input dependant companies and categories.
Motilal Oswal has come with its December quarterly earning estimates for consumer sector.
Know Your Investment, helps investors take a prudent call on their investments. This week, Hemang Mamtora, Vice President- Equity Advisory Desk, Emkay Global Financial Services Ltd gives his take on various sectors and stocks.
KRChoksey has come out with its earning estimates on FMCG sector for the quarter ended September 2011. According to the research firm, Nestle September quarter net sales are expected to go up by 22% at Rs 1799 crore, year-on-year, (YoY) basis.
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended September 2011. According to the research firm, NestleSeptember quarter net sales are expected to go up by 17.8% at Rs 1,928 crore, year-on-year (YoY) basis.
PINC Research has come out with its earning estimates on FMCG sector for the quarter ended September 2011. According to the research firm, Nestle India September quarter net revenue is expected to go up by 20.6% at Rs 1978.8 crore, year-on-year (YoY) basis.
KRChoksey has come out with its earning estimates on FMCG sector for the quarter ended June 2011. According to the research firm, Nestle June quarter sales are expected to go up by 22% at Rs 1799 crore, year-on-year, (YoY) basis.
PINC Research has come out with its earning estimates on FMCG sector for the quarter ended March 2011. According to the research firm, Nestle India March quarter revenue are expected to go up by 21.7% at Rs 1807.9 crore, Year-on- Year, (YoY) basis.
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended March 2011. According to the research firm, Nestle India March quarter sales are expected to go up by 20.3% at Rs 1,780 crore, year-on-year, (YoY) basis.
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended December 2010. According to the research firm, Nestle India December quarter sales are expected to go up by 17.7% at Rs 1591 crore, Year-on-Year, (YoY) basis.