Higher input costs may hurt revenues of consumer companies
This increase is likely to affect revenues of most of the consumer-focused companies.
By ET Bureau |
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For instance, rise in liquid milk prices could hurt Nestle and Britannia.
Prices of key input commodities such as crude, light liquid paraffin, coconut oil, vinyl acetate have rallied sharply in September. This increase is likely to affect revenues of most of the consumer-focused companies. For instance, rise in liquid milk prices could hurt Nestle and Britannia, gold could likely weigh on Titan’s jewellery demand, and a rise in palm fatty acid distillate prices will hurt HUL and Godrej Consumer. The data below shows price changes of commodities and impact on companies: