FMCG: After decade-low volume performance in Q4, worst yet to come

Topics FMCGs | Q4 Results | FMCG companies

Although the fast moving consumer goods (FMCG) sector is in relatively better shape, it could not escape the pain arising from Covid-19-led disruptions. Average volumes have fallen to decade-low levels in the March 2020 quarter (Q4FY20), and the April-June (Q1FY21) period is likely to be even worse. Marico's update of June quarter, wherein the company expects volume decline in low-teens, provides an indication.  In Q4FY20, average volume of eight FMCG companies declined by about 12 per cent amid supply chain disruptions. According to Vishal Gutka, vice president at Phillip.....

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