The FMCG (Fast-moving consumer goods) market of India has been growing rapidly, and the nation has done all it can to aid the growth of the sector. Contributing to the growth of this sector is a major name like Brittania and Dabur, which have been doing exceptionally well, and the markets have been pretty good for these companies too.
Dabur is an Indian FMCG major known for its food products and some other products too. The company will be releasing its Q 2 earnings today on 5th November 2019, and we are expecting that this will only boost the FMCG market of the company in the Indian markets. The company has been a major player in the FMCG market as well as other consumer goods too, and has been establishing its name for a long time, and the efforts that it has made have been paid off as the company is listed among the top FMCG companies of India. Rural slow growth will be affecting the FMCG major’s earning, but we expect the effect to be minimal, but the optimism could also fail as there is no sure way to say that the company will definitely grow. The rural market is a very important market for Dabur.
The total income growth of the FMCG major Dabur is expected to come in at 6 percent at Rs 2,250 crore and earnings before interest, taxes, depreciation. The company could be gaining pretty good as we advance to an FMCG dominated era.
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