Consumer staples revenue growth seen at 13% in Q2, margins face input-cost pressure: Report
New Delhi, Oct. 8 -- India's consumer staples sector is expected to sustain double-digit revenue growth in the near term, supported by improving volumes and pricing, but higher input costs are likely to keep margins under pressure, Systematix Research said in its latest report.
The brokerage expects aggregate revenue growth of around 13 per cent year-on-year for the top 10 companies in its coverage, with volumes rising about 8 per cent. It said volume growth has improved meaningfully over the past four quarters to 7-9 per cent, compared with 2-5 per cent in the preceding 14 quarters.
"Demand trends encouraging; margin pressure to land," the report said, attributing the improvement in topline growth partly to higher product grammages fol...
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