Dabur CEO welcomes GST reforms, to pass rate cuts to consumers
Dabur CEO Mohit Malhotra called the scale of GST reforms a positive surprise for FMCG, saying the company will pass rate-cut benefits to consumers. He expects boosted demand, particularly in rural markets, supporting volume growth and a broader consumption revival.
Dabur CEO Mohit Malhotra welcomed the scale of GST reforms, calling them a positive for FMCG. The company will pass rate-cut benefits to consumers and expects boosted demand, especially in rural markets, aiding volume growth and consumption revival.
Why this matters
Dabur previously signaled no MRP cuts despite crude slipping below $80 and followed peers with toothpaste price hikes amid input-cost pressure. GST relief now reverses that stance, easing prices to revive demand in vulnerable rural markets flagged by El Niño risks.
Retail-company signals steady at 4,139 over the past 90 days.