FMCG main Reckitt on Wednesday stated that internet income development of India enterprise for Q3 CY 2025 was impacted as a result of transition to the brand new GST regime in September. Nonetheless, the corporate added that sellout efficiency in India was encouraging throughout the quarter and year-to-date like-for-like like income development in India remained excessive single digit via 2025.
On the earnings name for Q3, Kris Licht, CEO, Reckitt stated, “Rising markets had one other standout efficiency, rising 15.5 per cent within the quarter. This displays broad-based development throughout all classes, double-digit development in quite a few smaller however high-potential markets comparable to Indonesia, Malaysia, and Colombia, and continued robust in-market efficiency in India and China.”
He added that the corporate has a “very profitable enterprise in India” that has been delivering nice efficiency for a very long time.
Shift of commerce orders
On the GST affect, Shannon Eisenhardt, CFO, Reckitt stated, “India grew low single digit within the quarter, with the change to GST leading to a shift of commerce orders to This fall. Sellout stays robust, and year-to-date our like-for-like internet income development in India stays at excessive single digits.”
She stated the affect in Q3 of GST phasing was “low to mid-single digit”. “Yr-to-date India’s delivered excessive single-digit development, and we anticipate this to easily be phasing. We anticipate India to proceed contributing in that method going ahead,” Eisenhardt acknowledged.
Main FMCG corporations have identified that the change in GST charge cuts led to short-term moderation in gross sales in September as customers deferred purchases to learn from decrease MRPs whereas merchants centered on liquidating current stock.
Revealed on October 22, 2025
