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El Nino impact in sight even as top FMCG firms bet on rising India consumption
India's top retail firms anticipate robust April-June revenue growth, fueled by steady consumer demand and improving rural sentiment. Companies like Marico, GCPL, and Dabur foresee strong top-line expansion, with rural markets outperforming urban areas. While easing input costs are a positive, businesses are closely monitoring El Nino's potential impact on monsoons and agricultural output.
Dabur Q1 updates: Co expects double-digit revenue growth as rural demand stays ahead of urban
Dabur India anticipates a significant boost in its first-quarter profit, driven by strategic price hikes that effectively countered rising inflation and packaging costs. The company noted resilient consumer sentiment despite global challenges, with sequential improvements in business performance. Strong double-digit growth is projected across key international markets like Egypt and Turkey, alongside robust expansion in India's rural demand and emerging sales channels.
Dabur expects double-digit revenue, profit growth in Q1 as FMCG demand stays strong
Dabur India expects to report double-digit growth in consolidated revenue and profit for Q1 FY27, driven by near double-digit growth in its India FMCG business, high-teen expansion in international operations and strong momentum across foods, hair care and digital channels. Rural demand continued to outpace urban markets, while calibrated price hikes helped offset higher input costs.
Q4 Results Today: BSE, Dabur, Britannia, Biocon, MGL Among Over 100 Firms To Declare Earnings On May 7
Indraprastha Gas, Bharat Forge, ACME Solar Holdings, Karur Vysya Bank and CarTrade Tech are among the key firms that will declare quarterly results today.
Top Gainers & Losers on May 5: Wockhardt, Tata Tech, Gabriel India, Dabur, Adani Green Energy among top gainers - Mint
Top Gainers & Losers on May 5: Wockhardt, Tata Tech, Gabriel India, Dabur, Adani Green Energy among top gainersMint
Consumer goods cos upbeat as GST tailwinds lift volumes in March quarter
Consumer goods companies and retailers like Marico, Dabur India, and DMart reported a sales rebound in the March quarter, driven by volume recovery post-GST rationalization. Despite geopolitical tensions, companies are optimistic about continued consumption growth, with urban and rural markets showing convergence.