** Consumer stocks .NIFTYFMCG fall 0.8%, losing 3.5% so far this week; all 15 constituents in red

** Sub-index trails IT stocks .NIFTYIT, down 3.8% so far this week

** Sub-index's third-heaviest stock Nestle India NEST.NS top loser on <.NIFTYFMCG>, down 7.7% so far this week

** Stock set for worst week since October 2024 after posting 12% y/y decline in Q1 profit

** Analysts flag continued margin weakness due to commodity cost inflation; say expensive valuations limit upside

** Heaviest stock ITC ITC.NS down 3.3% so far this week

** Analysts see co's consolidated Q1 profit dropping 1.4%

** Colgate-Palmolive India COLG.NS, NIFTYFMCG's second-biggest stock, down 6.75% so far this week

** Co's Q1 revenue, profit dip 4.4% and 12%, respectively

(Reporting by Ananta Agarwal in Bengaluru)

((Ananta.Agarwal@thomsonreuters.com))