FMCG Q2 RESULT EXPECTATIONS: ANALYSTS EXPECT DOUBLE-DIGIT REVENUE GROWTH ACROSS MAJOR COMPANIES

• HINDUSTAN UNILEVER: Revenue expected to grow 10–11% YoY; EBITDA growth estimated at 6–9% YoY. • NESTLÉ INDIA: Revenue expected to grow 20–21% YoY; EBITDA growth estimated at 27–30% YoY. • BRITANNIA: Revenue expected to grow 12–15% YoY; EBITDA growth estimated at 5–8% YoY. • ASIAN PAINTS: Revenue expected to grow 12–16% YoY; EBITDA growth estimated at 6–8% YoY. • TATA CONSUMER: Revenue expected to grow 12–14% YoY; EBITDA growth estimated at 14–16% YoY.

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