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GCPL expects improved consumption in second half of this fiscal - Jammu Kashmir Latest News | Tourism

New Delhi, Oct 5: Godrej Consumer Products Ltd (GCPL) expects consumption to improve in the second half of the current financial year, mainly due to moderation in inflationary pressure amid correction in commodity prices. The company’s forecast also comes against the backdrop of the country’s FMCG industry continuing to remain soft amid slower growth in rural markets. “We expect a mid-single-digit volume drop, with a low single-digit 3-year volume CAGR. Personal Care sustained its strong double-digit growth trajectory, while Home […] ....

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