FMCG company turned around its fate

FMCG industry at large has been reporting muted revenue and volume growth and a consumption slowdown is looming large. Prataap Snacks which is located in Indore has emerged an outlier in the first quarter of 2019/20.

The company's organic revenue growth improved to 8 percent relative to a 1 percent decline seen in Q4 2018/19. The preceding quarters saw a growth of just 2 percent. The company's overall revenue growth was 23 pe....