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Rural market growth continued to outpace that from the urban market for the FMCG industry in the March quarter, and margins remained under pressure as prices of some key commodity inputs remained at peak levels, according to business updates by leading players. Besides, on the channel side, traditional trade (Kirana shops) continued to be under pressure, while modern trade channels, e-Commerce and Quick commerce maintained their growth momentum, said listed FMCG companies like Dabur, Marico and AWL Agri Business (formerly Adani Wilmar) in their quarterly updates. The persistent food inflation continues to impact demand in the urban market, which contributes nearly two-thirds of the total FMCG sales. However, FMCG companies are hopeful of a profitable growth in FY'26 despite the current headwind, banking on factors which include moderating retail and food inflation as well as forecasts of a normal monsoon. Homegrown FMCG firm Dabur, in its quarterly update for the fourth quarter of
Home textiles major Welspun India expects revenue to cross the Rs 15,000 crore-mark by FY26, growing around 60 per cent in the next three years, according to a regulatory filing. The firm, which also operates in segments such as flooring solutions, advanced textiles, retail, hospitality, and wellness is looking at "multiple drivers for growth" in the domestic market besides strengthening the export market. In an investor presentation, Welspun India said it is poised to grow at "3X of the market growth rate" in the domestic textile market. Overall, Welspun India said, "FY26 expected to be upwards of Rs 15,000 crore at a CAGR (Compound Annual Growth Rate) of 24 per cent (over FY23 expected)." Export is expected to play a key role in the company meeting its targets. Welspun India, which is a prominent player in terry towels and sheets, said though the Indian cotton prices remained considerably out-priced against competing global peers for a large part of FY22, from October onwards it