Pricing, not volume, powers India Inc's Q1 revenue growth of 11-11.5%: Crisil
Crisil estimates India Inc Q1 revenue up 11-11.5%, led by price hikes rather than volume. FMCG grew 6-7% on pricing despite higher packaging and logistics costs. Nestle, Varun Beverages and CCL Products seen outperforming peers even as margins contract 75-100 bps.
Crisil estimates India Inc Q1 FY27 revenue up 11-11.5%, driven by pricing not volume. FMCG grew 6-7% on price hikes despite higher packaging and logistics costs; Nestle, Varun Beverages, CCL expected to outperform peers amid margin pressure.