FMCG sector may increase volume due to price reductions
9.8% revenue rise in our FMCG coverage universe in Q4 FY23
FY23 Witnesses 8% Increase in FMCG Sales, Electronics Elevates by 25%
In FY23 ended on March 31, sales of daily necessities, groceries, etc. increased by 8%, whereas sales of electronic products experienced a significant surge of 25%.