P&G India flags inflation hit: raw material costs up 50%, $1B post-tax FY27 drag looms
Crude-driven input inflation and delayed monsoons are squeezing FMCG demand, P&G India warns. Company leans on premiumisation and quick commerce to defend margins, expecting near-term headwinds despite a constructive medium-term India view.
P&G India warns inflation is denting consumer spending, with crude-driven raw material costs up ~50% and delayed monsoons hitting growth. Company will premiumise, push quick commerce execution, and expects near-term FMCG headwinds despite positive medium-term India outlook.