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Weak urban demand, inflation likely to hit FMCG volumes in Q4FY25

Dabur India, maker of Hajmola candy and Real fruit juices, said that its India FMCG business is likely to decline to mid-single digits due to delayed and truncated winters

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According to a note from Nomura, FMCG sales are expected to grow 5.2 per cent on account of price increases, and volume growth is expected to remain stable.

Akshara Srivastava New Delhi

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Subdued demand, especially in the urban sector, coupled with inflation, is likely to drag down the volumes of fast-moving consumer goods (FMCG) companies in the fourth quarter (Q4) of 2024-25 (FY25).
 
In its quarterly update, Dabur India, the maker of Hajmola candy and Réal fruit juices, said its India FMCG business is likely to decline to mid-single digits due to delayed and truncated winters and a slowdown in urban markets.
 
“As a result, Dabur’s consolidated revenue is expected to be flat during Q4,” the company said, adding, “Due to the impact of inflation, coupled with operating deleverage, we foresee Q4