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Motilal Oswal Report
Demand trends were steady in Q1 FY25, with the summer portfolio likely to outperform. Rural markets have seen a gradual recovery (rural growth was better than urban) during the quarter. Most company managements remain positive about volume recovery in FY25.
All eyes are on the govt’s initiatives to boost rural income in the upcoming budget. Companies have been focusing on driving their core portfolios through various initiatives, like distribution expansion, product relaunches, step-up in marketing budgets, etc.
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Also Read: Internet Q1 Results Preview: B2C Growth Momentum Sustaining, B2B Picking Up: ICICI Securities
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