FMCG Sector Sees Festive Boost, Lower Costs Drive December Quarter Growth

• FMCG sector anticipates volume-led growth in the December quarter, supported by mid-single-digit revenue increase and improved operating margins.
• Stabilisation post-GST changes and strong festive demand contributed to recovery signs for major listed FMCG players.
• Consumer sentiment improved across urban and rural markets, with rural demand continuing to outpace urban consumption.
• Dabur expects double-digit growth in its India Home and Personal Care segment, driven by strong performance in hair oils and oral care.
• GCPL projects near double-digit consolidated revenue growth and double-digit EBITDA growth, while Marico anticipates high twenties consolidated revenue growth.

Why It Matters: FMCG sector experiences strong December quarter growth due to festive demand, stable trade, and easing costs.