FMCG firms worry over high inflation, squeezing urban market; hint price hike
HUL, Godrej Consumer Products Ltd (GCPL), Marico, ITC, and Tata Consumer Products Ltd (TCPL) have expressed concerns over squeezing urban consumption. Representational file image. | Photo Credit: M. Karunakaran Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the…
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