FMCG & Alco Bev - Slow Pick-Up in Growth, Margin Expansion to Continue
Continuing from previous quarters the demand environment remained stable led by urban markets while rural recovery was below expectation
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FMCG: Demand recovery lags margins
On a four-year CAGR basis, the universe clocked 9% growth in Q4FY23, a trend similar to that witnessed in the previous few quarters
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HSIE Results Daily: Asian Paints, Godrej Consumers, Eicher Motors
Asian Paints: Asian Paints’ top line grew 11.3% YoY (four-year CAGR: 15%), marginally short of expectations (var: -1.6%). The decorative business...
220 Views
HSIE Results Daily: Asian Paints, Godrej Consumers, Eicher Motors, Aditya Birla Capital
Asian Paints: Asian Paints’ top line grew 11.3% YoY (four-year CAGR: 15%), marginally short of expectations (var: -1.6%). The decorative business...
325 Views
Godrej Consumers - Acquisition to Be Earnings Dilutive
GCPL announced the acquisition of Raymond’s FMCG portfolio (Park Avenue and KamaSutra) on a slump sale basis for a total gross consideration of INR...
283 Views