KRChoksey: Consumer Sector Q2 Earnings Preview - Health, Hygiene Products To Drive Demand
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Most consumer companies witnessed recoveries with genuine demand coming for health products such as immunity boosters in Q2 FY21.
Most new launches have either been in the health and hygiene category or focused on immunity-boosting foods.
Besides, despite lockdown eases; large part of population stayed indoors thereby boosting demand of ready-to-eat/cook food items, such as biscuits, salty snacks, instant noodles, beverages, edible oils, as well as hygiene products.
Almost all the companies steadily scaled up their operations to near-normal levels in Q2 with some companies expanding production capacities for in-demand products such as food and hygiene products.
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