FMCG sector to log 8-10% growth despite margin pressure: Crisil

India's FMCG sector anticipates 8-10% revenue growth this fiscal. Price hikes will drive this expansion. However, volume growth is set to slow down. Inflationary pressures and monsoon forecasts will impact consumer demand. Profit margins are expected to decline. Companies are focusing on cost efficiencies to manage the situation. Credit profiles are expected to remain stable.

from Industry-Economic Times https://ift.tt/TDla5gr
via IFTTT