FMCG sector Q1 results preview: Healthy topline growth likely, margin to be resilient despite inflation pressure

FMCG companies are expected to report healthy revenue growth in Q1FY27, with resilient margins despite raw material inflation pressure from crude oil-linked derivatives and palm oil. HUL is estimated to post a 10.5 percent rise in net profit to around Rs 2,752 crore with 9 percent EBITDA growth and 91 bps margin expansion, while Nestle India could see net profit jump 30.5 percent to about Rs 844 crore and Britannia profits rise 21.7 percent. ITC is an outlier with consolidated revenue expected to decline 17.5 percent year-on-year to approximately Rs 16,289 crore, dragged by a sharp 20 percent drop in cigarette net sales due to transition to a new tax structure.