Fmcg

Double-digit FMCG increase likely in Q2 | Lalitha Srinivasan Posted: Monday, Oct 18, 2010 at 2209 hrs IST Updated: Monday, Oct 18, 2010 at 1116 hrs IST Mumbai: The Rs 1.2 lakh-crore fast moving consumer favourables (FMCG) industry in India is appeared to interpret double-digit issue both by value and volume in the game pull back of 2010-11. While the buoyant economy, bountiful monsoons, naked product launches and sustained ad-spends are expected to drive perk up volume development, selective terms hikes across categories to offset comment cost pressures may lead to higher value growth for FMCG companies this quarter. We expect the industry to locating steady top commercial enterprise growth of 17.3% y-o-y aided by robust volume growth and selective determine hikes though the full impact of price hikes is likely to be felt only in the second half of FY 2011, tell Anand Shah, senior research analyst with nonsuch Securities. The industry had posted a 13.8 % top decipher growth in Q2 FY 10. According to Shah, Godrej Consumer is expected to post the highest top line growth this quarter aided by first quarter of full consolidation of its recent acquisitions. Among others, Dabur, Nestle, ITC and GSK Consumer are expected to post strong top line growth this quarter, he added.

manduction similar views, Nitin Mathur, a research analyst with Edelweiss Securities said strong volume growth (10-18% y-o-y) is expected primarily from Dabur, Emami, Colgate, HUL, Marico and Asiatic Paints. In Q2, FY11, margins are likely to remain stable as price hikes during the quarter could offset raw material price inflation, he added. FMCG industry captains seem to share the optimism. Adi Godrej, chairman of the Godrej host said, The growth rate is accelerated in the FMCG sector â€" with good monsoon and rural economy. I think Q3 and Q4 of FY 11 will be highest growth quarters in FY 11. Aditya Agarwal, director of Emami, is upbeat just about his companys performance in Q2 FY11. I expect the industry to post better volume... If you want to get a full essay, order it on our website: Orderessay

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