Leading fast-moving consumer goods (FMCG) companies are reporting strong momentum in the June quarter and expressing confidence about demand for FY27. Companies including Dabur India, Godrej Consumer Products (GCPL) and Marico cite steady consumption trends supported by relatively stable economic activity and improving rural demand. Several sources note that rural markets are performing better than urban markets, while online, e-commerce and quick-commerce channels are contributing to sales growth.
On growth outlooks, the firms project continued expansion into coming months. Marico indicates expectations for consolidated revenue growth in the early 20% range, GCPL points to high-teen growth, and Dabur India expects double-digit growth in both revenue and profit after tax.
On profitability, companies anticipate margin recovery as input costs begin to soften. Sources say commodity prices remain elevated for much of the April–June period but ease toward the end of the quarter, supported by actions such as price adjustments, cost-saving measures and improved media spending. Even with this optimism, firms flag ongoing risks, including inflation, potential weather disruptions linked to El Niño, and global geopolitical developments affecting supply and costs.
