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FMCG Q4 Results Preview: Weakness In Demand Environment To Continue, Predicts Nirmal Bang
Nirmal Bang remains positive on Gillette India and Procter & Gamble in the consumer staples space.
16 Apr 2025, 04:26 PM IST 
Q4 FY25 is likely to witness the effect of YoY gross margin contraction for several FMCG companies due to elevated raw material prices, says Nirmal Bang.
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Nirmal Bang expects its FMCG coverage universe to clock revenue growth of 6% YoY on account of price increases to combat material cost inflation and no material improvement in volume growth. The brokerage projects gross margin for most of our coverage FMCG companies to witness a decline on YoY basis on the back of significant increase in commodity costs even as moderate pricing actions remain underway.
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