KRChoksey: Consumer Sector Q2 Earnings Preview - Health, Hygiene Products To Drive Demand
A supermarket in Delhi. (Photographer: Dhiraj Singh/Bloomberg)

KRChoksey: Consumer Sector Q2 Earnings Preview - Health, Hygiene Products To Drive Demand

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

KRChoksey Report

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.

Click on the attachment to read the full report:

KRChoksey Consumer Sector Q2FY21 Earnings Preview.pdf

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