Q3FY20 does not hold any good expectations for FMCG firms

To Indian fast-moving consumer goods (FMCG) firms, the September quarter did not offer much respite, although some companies managed to do better than others.

Another quarter down the lane (Q3FY20), investors would do well to keep expectations low as demand recovery hopes have not been playing out as anticipated. In fact, analysts expect a sequential decline in growth rates.

"Growth is still slowing and the quarter of ....