The Times of India

FMCG firms bet on volume-led growth as easing inflation seen improving margins in FY27

India's leading FMCG companies anticipate a shift towards volume-driven growth in FY27, fueled by easing inflation and softening commodity prices. Executives report a more favorable operating environment, with mid- to high single-digit volume growth already observed. This trend is expected to be supported by factors like GST rationalization and a healthy crop season, leading to improved EBITDA margins.