 "Godrej")
Godrej Consumer Products posted better-than-expected December quarter numbers.
In a pre-quarter sales update, the company said that it expects to deliver a consolidated sales growth in mid-teens in constant currency terms and around double-digit growth in rupee terms with flattish volumes.
The performance is better on a sequential basis given the mid-to-high single-digit sales growth and the mid-single digit volume decline in the previous quarters.
While the company was cautious on the macro environment in India, citing poor rural consumption and a muted demand post the festive season, it was able to beat the slowdown blues.
It delivered double-digit sales
