Firms such as Godrej Consumer Products Ltd (GCPL) and Marico expect overall growth in the April-June quarter, which was severely impacted due to the coronavirus lockdown. GCPL expects a “mid-single-digit, volume-driven sales growth” in April-June, the company said recently in its quarterly update for Q1 FY21.
New Delhi: Several FMCG companies have reported sales growth in June and expect the momentum to continue in Unlock 2.0, though some challenges persist.
Firms such as Godrej Consumer Products Ltd (GCPL) and Marico expect overall growth in the April-June quarter, which was severely impacted due to the coronavirus lockdown.
GCPL expects a “mid-single-digit, volume-driven sales growth” in April-June, the company said recently in its quarterly update for Q1 FY21.
The Godrej group firm has seen a “strong recovery” from mid-May and June across most of the markets where it operates.
It is witnessing robust demand in the household insecticide category, while the hygiene segment too saw strong traction, GCPL said.
The company has a range of brands across personal and home care segment, such as Cinthol, Protekt, Ezee, Godrej No 1, Hit and Good
Knight.Source: ET Retail
