FMCG
FMCG
SECTOR | 13 Mar 2023
Trendlyne Analysis
Inflation cast a long shadow over Q3FY23 for FMCG companies, as costs ate away at volume and demand growth. Rising costs forced FMCG firms to focus on price hikes for revenue growth, and rural consumption dropped for the sixth consecutive quarter. The depreciating rupee didn’t help - that along with input cost pressures and sluggish demand, worsened pressures on margins.
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