FMCG and retail firms see stronger sales in second quarter

Consumer demand revives, but D-Mart shares plunge amid e-commerce fears. 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. Listen to this article in summarized format Consumer demand gains momentum as FMCG and retail companies report strong Q2 sales (Catch all the Business News