BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Direct Report
Fast moving consumer goods companies are expected to witness slower revenue growth in Q3 FY22 with high base quarter sales and adverse impact of commodity inflation on volumes in key categories.
The FMCG companies have taken price hikes to the tune of 5-15% in the last six months to pass on high commodity inflation. Further, volume growth is likely to remain flattish for most FMCG companies given base quarter saw pent up demand in discretionary categories.
Our FMCG coverage universe is likely to witness revenue growth of 8.3% largely led by pricing growth.
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