- Food sector’s profitability grew 15%YoY in 1QCY26 on higher sales amid improved margins along with a decline in finance costs.
- The sector’s gross margins expanded amid improving demand, and easing finance costs due to lower interest rates supported the bottom line.
- FCEPL & NESTLE led the earnings recovery, with FCEPL posting growth driven by gross margin expansion and a decline in finance costs.
- We maintain a positive outlook due to volumetric recovery in key segments amid improved macros, improved operational efficiencies, and eased finance costs.
Full Report
https://research.akdsl.com/639142108476341425.pdf
Courtesy – AKD Research

