Leading FMCG companies reported declining margins in the September quarter due to higher input costs and food inflation, slowing urban consumption. Firms like HUL, Dabur, and Nestle India noted muted demand, while rural markets showed growth. Companies plan price hikes to counter rising input costs.
Monday, November 04, 2024
FMCG firms worry over high inflation, squeezing urban market; hint price hike
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment