Consumer sector earnings outlook: Consumer sector companies report a faster sequential recovery in Q2

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Companies have reported demand revival and volume growth in the quarter. Rural continues to outperform urban. Cost optimisation has once again aided margins.

Synopsis

While analysts believe that the trend may sustain, some economists expect a more gradual pace of recovery in anticipation of abatement in pent-up demand and moderation in spending after the festive season.

ET Intelligence Group: With industrial demand still below the pre-pandemic level, consumer-centric sectors have taken the centre stage. Companies from these sectors staged a faster recovery in the quarter to September on a sequential basis than the industry on average. This was on account of pent-up consumer demand and rising propensity to spend among rural consumers amid better monsoon and improving farm income aided by higher sowing and

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