Fast-moving consumer goods (FMCG) companies are expected to see better results for the April-June quarter on the back of rural recovery, coupled with higher demand for summer products owing to unprecedented heat.
Growth in volumes is expected to witness sequential recovery.
Brokerages estimate top line growth will show an increase owing to recovery in volumes.
Domestic brokerage Motilal Oswal said in its pre-earnings report: “Rural markets have seen a gradual recovery (rural growth was better than urban) during the quarter.”
In its pre-earnings update on exchanges, Dabur India said: “The quarter saw sequential improvement in demand trends