Volume-led growth of FMCG companies continue to rise on key input costs

The December 2018 quarter (Q3) performance, which will highlight near-term prospects and valuations, will help gauge how the sector will do in 2019 for investors, say analysts.

The fast-moving consumer goods (FMCG) sector was one of the best performing ones in 2018 (CY18), gaining 10.6 per cent. Steady volume and revenue growth, led by higher demand and a positive impact of the goods and services tax (GST), kept it on the top of investors’ “buy” lists even as other sectors reported muted financial performances.
 
The December 2018 quarter (Q3) performance, which will highlight near-term prospects and valuations, will help gauge how the sector will do in 2019 for investors, said analysts.
 
Big festivals — Dussehra and Diwali — in the September quarter of 2017-18, shifted