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Consumer Sector Q3 Earnings Preview: Improving Momentum Is Expected To Continue

researchsnappy by researchsnappy
January 10, 2021
in Consumer Research
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Consumer Sector Q3 Earnings Preview: Improving Momentum Is Expected To Continue
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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

In Q3 FY21, consumer staples will continue to show an improving trend on the growth front.

Non-essential FMCG categories, which were adversely impacted, are recovering sequentially while some categories (biscuits, hygiene products etc.), which benefitted strongly during H1 FY21 have seen their growth taper down.

Within the consumer discretionary space, it seems that the demand recovery seen by domestic decorative business of the paint companies in Q2 FY21 has sustained post the festive season and will continue to be driven by upcountry market with support from recovering urban markets.

Click on the attachment to read the full report:

Nirmal Bang Consumer Sector – Q3FY21 Result Preview – 8 January 2021[282].pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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