 "Consumer")
The June quarter was a mixed bag for fast-moving consumer goods (FMCG) companies in volume terms. Major FMCG firms Hindustan Unilever (HUL), Dabur India, and Nestlé India witnessed volume growth despite a high base. On the other hand, volumes of Britannia Industries, Marico, and Godrej Consumer were impacted during the quarter.
The June 2022 quarter was the first fully normal quarter for FMCG companies after two years of the Covid pandemic. In the year-ago quarter, companies witnessed strong volume growth on a low base because of a nationwide lockdown during the Q1FY21.
According to NielsenIQ, volume contraction in the recently concluded quarter
