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FMCG companies ride the heatwave to make cool gains
Intense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported improved operating profits, aided by price hikes, despite rising input costs. While optimistic about consumption, firms are closely watching inflationary trends and El Nino's potential monsoon impact. Summer products saw a significant boost, though some categories faced challenges.
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timesofindia.indiatimes.com
Brands get quick-comm boost in summer sales
NEW DELHI: Peak temperatures and the sweltering heat this year have delivered a windfall for consumer brands, with quick-commerce platforms driving robust growth in heat-linked…
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economictimes.indiatimes.com
Sweltering heat sets summer-goods sales on fire; consumer brands hitch qcomm ride to big business
India's scorching summer has fueled a surge in consumer goods sales, with quick-commerce platforms becoming the star performers. Ice creams, cold drinks and skincare products saw…
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FMCG companies ride the heatwave to make cool gains
Intense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported improved operating profits, aided by price…