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Food to fashion: Companies see demand recovery signs
Consumer spending increased on various goods in the June quarter. This signals a revival in demand after a period of sluggish urban consumption. Dabur experienced growth in the FMCG sector. Marico faced challenges due to high copra prices. Nykaa's beauty segment saw growth. Kalyan Jewellers' sales were boosted by wedding demand. Trent, however, indicated slower revenue growth.
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