FMCG firms face disruption in Sep qtr, upbeat about future growth on favourable economic conditions

Core Insights - FMCG companies in India experienced sales impacts in the September quarter due to GST reforms and heavy rains, but anticipate growth in upcoming quarters driven by favorable macroeconomic conditions [1] Company Performance - Unilever reported short-term impacts from GST reforms but expects long-term benefits, with a 10% price reduction benefiting 40% of its portfolio [3] - Reckitt's net revenue growth in India was affected by new GST slabs, although it saw volume-led growth in its Dettol brand [4] - Heineken's beer volume in India declined by mid-single digits due to heavy rains, but organic net revenue grew by a mid-single-digit percentage supported by price hikes [7][8] - Coca-Cola and PepsiCo faced disruptions from weather conditions, with Coca-Cola noting competitive pressures in the beverage market that may affect growth [9] - Pernod Ricard's sales in India increased by 3%, but were impacted by excise policy changes in Maharashtra [10][11] - Nestle SA highlighted strong performance and good momentum in India [12]