Parle sees demand recovery as easing input costs curb need for price hikes
Parle expects mid- to high-single-digit growth as softening input costs reduce pricing pressure. Q1 demand was modest but recovering, with the company outperforming the industry and candy sales jumping nearly threefold. It now exports to over 40 countries and plans further international expansion.
Parle expects demand to improve as softening input costs reduce the need for price hikes. Q1 demand was modest but recovering; the company outperformed the industry, saw a threefold jump in candy sales, and plans international expansion.