New Delhi, June 26 -- India's packaged consumer goods makers are set to extend a steady run of growth into a third straight quarter in the three months ended June (Q1FY27), with price hikes doing much of the heavy lifting even as underlying demand holds firm.

Analysts at Nomura Financial Advisory and Securities (India) expect aggregate revenue growth of 10.4% year-on-year for consumer staples companies under their coverage in Q1FY27. That would be well above the eight-quarter average of 7.8% and mark the third consecutive quarter of double-digit expansion.

"We believe volume growth will largely be stable in Q1FY27 despite the low-to-mid single digit price hikes initiated by companies due to the West Asia war, leading to stable demand en...