Indian consumer firms expected to report narrower September-quarter margins despite double-digit sales growth

Reuters reports in The Economic Times that analysts expect Indian consumer-goods makers to report narrower September-quarter margins despite double-digit sales growth. Systematix forecasts a 45-basis-point operating-margin decline across 10 major staples firms, while Kotak forecasts a 150-basis-point decline across its coverage. Systematix expects Hindustan Unilever and Britannia to face the biggest margin hits.