FMCG Firms Post Mid-to-Double Digit Growth in Q3 as Volumes Recover

FMCG companies in India are expected to post mid-to-double digit revenue growth in Q3 due to recovering volumes, stable pricing, and benign commodity trends. ITC is expected to show a healthy improvement in revenue and profit, while Hindustan Unilever's underlying volume growth is expected at around 2-3%. Nestle India is expected to report double-digit revenue growth, and Tata Consumer Products is set for a strong quarter with broad-based growth across beverages, foods, and new-age categories.