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HDFC Securities expects ~12% FMCG revenue growth in Q2, but raw material inflation squeezes margins

HDFC Securities forecasts ~12% YoY revenue growth across its FMCG coverage in Q2, with most companies posting double-digit topline growth. Raw material inflation should hit margins. ITC, Bikaji and Gopal Snacks may report earnings declines; HUL, Dabur and Emami may see single-digit growth.

HDFC Securities expects about 12% YoY FMCG revenue growth in Q2 across its coverage
Forecast Q2 YoY revenue growth, FMCG coverage
~12%

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From the report. Source details below

Target price roll-forward: Jun-27 to Sep-27

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Source Read the source at NDTV Profit

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