Dabur India expects its India FMCG business revenue to grow by double digits year-on-year in the September quarter (Q2FY27), according to its update. Should investors cheer this? If double-digit means closer to 10%, then it may not be good enough. That’s because the 4.5% year-on-year price growth in Q1 is likely to have at least continued, if not accelerated, in Q2, indicating domestic volume growth of about 5.5%.
