Goods tax cuts, stable commodity prices help sales volumes and profits

20260213 supermarket in Mumbai

For several quarters, profit margins at Indian consumer goods companies were under pressure as urban demand remained subdued, due to the high cost of living and a significant rise in commodity prices. (Photo by Ken Kobayashi)

ANANTA AGARWAL

February 13, 2026 15:06 JST

BENGALURU — India’s biggest consumer goods conglomerates expect volume growth and improved profits in the coming months, spurred by rising urban demand and stable commodity prices, marking a change of fortune after months of challenges.