Agriculture Roundup 2019: Worst year for FMCG firms; Dabur, Nestle, among others, revenue growth falls Updated : December 25, 2019 07:42 AM IST The liquidity squeeze, a slowdown in the agri sector, uncertainty over sustainable incomes and job stability have made people cautious about their consumption habits. HUL which had seen an 11 per cent revenue growth for the first 9 months of 2018, saw revenue growth slipping to 7.5 percent in the same period this year. Dabur saw revenue growth rate declining to 6 percent for the first nine months of 2019 from 10.2 percent year-on-year. Nestle also saw growth rates slip over 400 basis points. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.