Dabur, Godrej flag firm demand in Q1 FY27 despite crude-led cost inflation

Both FMCG majors report resilient demand and took calibrated price hikes to offset input costs. Godrej guides high-teens revenue growth; Dabur expects double-digit revenue and profit with high-teen international growth as West Asia stabilizes. El Nino flagged as a demand risk.

— Filed Sat, 4 Jul, 2026, 09:45 IST · Source ET Retail · Updated

Dabur and Godrej Consumer report resilient Q1 FY27 demand despite crude-led input cost inflation. Both took calibrated price hikes; Godrej expects high-teens revenue growth, Dabur double-digit revenue/profit. International markets improving as West Asia stabilizes; El Nino flagged as risk.

Why this matters

Reinforces Dabur's guidance of double-digit Q1 revenue and profit growth on HPC and foods momentum, echoing broader FMCG strength from price hikes and rural demand recovery amid cost pressures.

Retail-company signals accelerating sharply, up 547300% QoQ.