Stable demand, but GST & monsoon weigh on FMCG Q2: Report
Consumer staples firms saw steady demand in Q2 FY26, but GST transition and an extended monsoon dragged overall growth, Motilal Oswal reported. Personal care players like HUL, Dabur, and GCPL saw sales dips, while Nestle and ITC posted steady gains. Despite short-term headwinds, the report expects earnings growth to rebound in coming quarters.