Early rains hit FMCG summer sales; Q1 volume growth slows to 3.9%

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Demand for daily necessities experienced a slowdown, with volume growth dropping to 3.9% in the June quarter due to early rainfall affecting beverage and summer product sales. Rural markets saw a significant decrease in growth, while urban areas maintained a steady pace. Companies anticipate gradual improvement in upcoming quarters, driven by easing inflation and favorable monsoon.