Rural Demand Archives - BW Retail World

Rural Demand

Crisil Forecasts 7-9% Revenue Growth For FMCG Sector In 2023-24

by BW Retail World Bureau
July 6, 2023

Revenue of the fast-moving consumer goods (FMCG) sector is expected to grow 7-9 per cent this fiscal 2023-24, a tad slower than the 8-9 registered in the past two fiscals, according to Crisil Ratings. Higher volume is expected to drive revenue growth, amid support from a gradual recovery in rural demand. On the other hand, […]

Brands Companies News

Marico’s Profit Increases 20% To Rs 302 Cr In Q4 Profit Backed By Rural Demand

by BW Retail World Bureau
May 6, 2023

Marico home to popular brands Parachute and Saffola, reported a more than 20 per cent jump in quarterly profit, helped by a recovery in rural demand and easing inflation. Marico’s consolidated net profit stood at Rs 302 crore for the three months ended 31 March, compared with Rs 251 crore a year earlier. Consumer goods […]