Godrej Consumer Products Limited

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Godrej Consumer Q1 net profit down 17% at Rs 345 cr; revenue up 8%

FMCG major Godrej Consumer Products Ltd (GCPL) on Wednesday reported a 16.56 per cent decline in its consolidated net profit at Rs 345.12 crore for the first quarter ended June 30, 2022, on account of commodity inflation and upfront marketing investments. It had posted a net profit of Rs 413.66 crore in the April-June quarter a year ago, GCPL said in a regulatory filing. The revenue from the sale of products of the Godrej group's FMCG arm was up 8.08 per cent at Rs 3,094.31 crore during the quarter under review, as against Rs 2,862.83 crore in the corresponding period last fiscal. GCPL's total expenses were at Rs 2,696.29 crore in Q1/FY 2022-23, up 13.64 per cent from Rs 2,372.65 crore in the corresponding quarter a year ago. "Our overall EBITDA declined by 13 per cent driven by unprecedented global commodity inflation, upfront marketing investments and a weak performance in our Indonesia and Latin America & SAARC businesses," GCPL Managing Director and CEO Sudhir Sitapati ...

Godrej Consumer eyes double-digit domestic sales growth in Q1 of FY23

The firm, however, expects a mid-single-digit volume drop on a high base in the quarter

Growth pick-up under new mgt key for further gains in Godrej Consumer

Near term margins likely to be under pressure

Godrej Consumer faces highest input cost impact among FMCG majors

Turnaround hopes and attractive valuations, however, keep the Street positive on the stock

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GCPL Q3 net profit up 5% to 527.60 cr; net sales up 8% to Rs 3,302.58 cr

The Godrej group company had posted a net profit of Rs 502.80 crore in the October-December quarter of 2020.

Godrej Consumer eyes double-digit growth in FY22, expansion across sections

FMCG major Godrej Consumer Products Ltd (GCPL) is looking at clocking a double-digit growth in the current fiscal with expansion across segments, according to a company official. The Godrej group firm has taken multiple initiatives to tap the potential of the new age channels such as e-commerce along with chemist and pharmacy stores that have emerged as important touchpoints for the customer buying FMCG products, after the pandemic. The company, which is focusing on becoming a fully comprehensive home and personal care company, is also expanding its reach in the rural areas, where it has added 30 per cent new stockists after the pandemic. Like other companies, GCPL has also witnessed a spike in its sales through e-commerce channels and going ahead it now expects online sales to contribute around 10 per cent to its total sales in the next 2-3 years and is introducing several digital first brands, said GCPL CEO - India and SAARC Sunil Kataria. GCPL, despite the second pandemic wave t

Godrej Consumer Q1 net profit rises 5% to Rs 414 cr; revenue up 24%

Its net sales during April-June jumped 23.87 per cent to Rs 2,862.83 crore, compared with Rs 2,311.17 crore in the year-ago period, GCPL said in a BSE filing.

GCPL working on diversity in ops, promotes inclusion on gender and LGBT+

Godrej Consumer Products Ltd is building diversity in operations, promoting inclusivity through affirmative stances on gender and LGBT+ rights, hiring from different backgrounds and skills

HUL's Sudhir Sitapati to take over as GCPL's managing director in October

GCPL posted a 59.13 per cent YoY increase in its consolidated net profit to Rs 365.84 crore for Q4, led by a low base

Godrej Consumer Products' consolidated net profit up 59% in March quarter

FMCG major Godrej Consumer Products Ltd (GCPL) on Tuesday reported a 59.13 per cent increase in its consolidated net profit to Rs 365.84 crore for the fourth quarter ended March 2021.

Godrej Consumer: Q3 in sync with street, analysts positive on future

Healthy demand outlook and turnaround of Africa business key factors for the stock

Weekly stock picks by Religare Broking: Buy Godrej Consumer, Hero MotoCorp

Godrej Consumer's stock has been trading with a corrective bias for the last three weeks

Intermittent lockdowns in states disrupt FMCG firms' momentum, July output

FMCG players had started to re-establish their supply chains in May and gradually ramped up as markets reopened, which had created some momentum

Godrej Consumer's profit before tax down 48%, volume growth slips 15%

Revenue for the period fell nearly 14 per cent to Rs 2,153 crore.

Covid-19: Kirana stores would see a resurgence, says Godrej Consumer CEO

We are trying to be as agile as possible and are adapting to the evolving situation, says Vivek Gambhir

GCPL expects volume growth to remain higher than mid-single digit in Q3

In India, demand continued to be challenging, impacted by a general consumption slowdown, Godrej Consumer said

Godrej Consumer Products gains 4% as Morgan Stanley maintains 'overweight'

The brokerage expects a likely expansion in the company's operating margin of its international business.

GCPL Q2 net down 28% at Rs 414 cr; declares interim dividend of Rs 2/share

GCPL said its international business clocked net sales of Rs 1,144 crore, up 4 per cent