FMCG sector expect better margins ahead as rural demand picks up with easing inflation from Says Avinash Pathak, LKP Securities
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Below is Quote on FMCG sector By Avinash Pathak, Research Analyst at LKP Securities
"FMCG remains cautiously optimistic in near term as prices of some commodity items ease and expect this to percolate to improvement in gross margins in the second half of H2FY23. Further with better monsoon and crop harvest, rural demand is expected to gradually improve leading to better volumes. However, during the quarter pressure on volume was seen across companies as high inflation persists."
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