FMCG Stocks Slide on Weak Q1

  Published 8 months ago

Nifty FMCG index down 3.5% this week as all constituents fall; Nestle leads losses after sharp Q1 profit decline.

  • Nestle drops 7.7%, worst week since Oct 2024; Q1 profit down 12% amid margin pressures, inflation, high valuation.
  • ITC down 3.3% ahead of Q1 results; analysts expect 1.4% decline in consolidated profit.
  • Colgate slumps 6.75% after reporting 4.4% revenue and a 12% profit drop in Q1; broader FMCG outlook turns cautious.

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