🧴 Fevicol Is Keeping Its Prices Stuck
Published by OOPSONLINE.IN · Source: The Economic Times · 1 min read · · Updated
😳 OOPS SAYS
When your entire brand is built on making things stick together forever, it only makes sense that your customer demand does the exact same thing.
What actually happened
Pidilite Industries expects consumer demand to remain resilient despite inflationary pressures. The company does not foresee immediate price increases in the current quarter. Demand trends in July and August are broadly in line with the June quarter. Pidilite remains confident of delivering double-digit volume growth while maintaining profitability. The company is also expanding its international business and manufacturing footprint.
Key points
- Pidilite Industries expects consumer demand to remain resilient despite inflationary pressures.
- The company does not foresee immediate price increases in the current quarter.
- Demand trends in July and August are broadly in line with the June quarter.
- Pidilite remains confident of delivering double-digit volume growth while maintaining profitability.
Summary based on data provided by The Economic Times. Full article available at the original publisher.
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- #fevicol
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