Consumer demand gained momentum for companies like Marico and Godrej Consumer Products in the second quarter. Retailers including D-Mart and V-Mart Retail showed strong sales growth, although D-Mart's shares declined significantly. Marico reported a double-digit volume growth, while Godrej tracked revenue growth in the teens despite inflationary risks. Nykaa experienced robust growth in its beauty and fashion segments during the quarter.

Consumer demand gathered some momentum in the second quarter for FMCG companies Marico and Godrej Consumer Products , and retailers such as D-Mart, V-Mart Retail , V2 Retail and Nykaa , although shares of retailer D-Mart’s parent company plunged the most in nearly two years over concerns of increased competition from Web commerce firms and rich valuations. Nykaa, Marico and V-Mart shares climbed, while V2 Retail shares hurtled to 52-week lows. Marico Monday said underlying volume growth in the September quarter touched double digits, and consolidated revenue should expand similarly. The FMCG company, however, highlighted inflationary risks. Advt

Godrej Consumer Products too said its standalone business will deliver revenue growth in the teens and high-single-digit underlying volume growth, despite an estimated impact of approximately 100–150 basis points from trade inventory correction. The company said the performance is supported by healthy growth across both personal care and home care. “Domestic demand remained resilient during the quarter, even as the operating environment stayed volatile through the period,” Marico said. The maker of Parachute and Saffola said it was on track to surpass its near-term guidance across key financial parameters, helped by the sustained strength of its core brands and the scale-up of newer growth engines.

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