Page 2 - Godrej Consumer Products
Godrej Consumer Q4 net profit declines marginally to Rs 363 crore
Homegrown FMCG major Godrej Consumer Products Ltd (GCPL) on Thursday reported a marginal decline in consolidated profit after tax at Rs 363.24 crore for the fourth quarter ended March. The company had posted a consolidated profit after tax of Rs 365.84 crore in the year-ago period, GCPL said in a regulatory filing. Consolidated total revenue from operations during the quarter under review stood at Rs 2,915.82 crore as against Rs 2,730.74 crore in the corresponding period a year ago. Total expenses in the fourth quarter were higher at Rs 2,535.06 crore as compared to Rs 2,259.12 crore in the same period a year ago. For the full fiscal year ended March 31, 2022, the company posted a consolidated profit after tax of Rs 1,783.39 crore as compared to Rs 1,720.82 crore in the previous fiscal, it added. Consolidated total revenue from operations in FY22 stood at Rs 12,276.5 crore as against Rs 11,028.62 crore in FY21, GCPL said. GCPL Managing Director and CEO Sudhir Sitapati said, "We .
 "Godrej Consumer Q4 net profit declines marginally to Rs 363 crore")
Q4 expectations: Price hikes may help FMCG firms report higher sales
Volumes to remain under pressure as rural demand continues to be weak
 "Q4 expectations: Price hikes may help FMCG firms report higher sales")
Analysts see more pain ahead for FMCG stocks amid rising input costs
Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT
 "Analysts see more pain ahead for FMCG stocks amid rising input costs")
Godrej Consumer faces highest input cost impact among FMCG majors
Turnaround hopes and attractive valuations, however, keep the Street positive on the stock
 "Godrej Consumer faces highest input cost impact among FMCG majors")
Growth revival key to reversing declining trend in Godrej Consumer stock
Weak show in India business dents Q3, margin pressures may remain
 "Growth revival key to reversing declining trend in Godrej Consumer stock")
Mamaearth acquires haircare brand BBLUNT for Rs 135 cr from Godrej stable
BBLUNT's strength lies in its extensive experience of styling Bollywood celebrities and transferring the salon experience into consumer products
 "Mamaearth acquires haircare brand BBLUNT for Rs 135 cr from Godrej stable")
Godrej Consumer saw low volume growth in December quarter
The maker of Good Knight household insecticides witnessed unprecedented cost inflation in the quarter
 "Godrej Consumer saw low volume growth in December quarter")
Godrej Consumer expects margin dilution, low volume growth in Q3
The Godrej group's FMCG arm expects to deliver close to 'high single-digit' sales growth in the domestic market, largely driven by pricing
 "Godrej Consumer expects margin dilution, low volume growth in Q3")
Medium-term volume, margin targets positive for Godrej Consumer
There could be pressure in the near term due to sharp rise in commodity costs
 "Medium-term volume, margin targets positive for Godrej Consumer")
Betting on 'good and green' hasn't hurt Godrej's wealth creation
Sustainability and development have been key goals for the group
 "Betting on 'good and green' hasn't hurt Godrej's wealth creation")
Sensex drops 555 pts, Nifty below 17,650 as energy woes hit global markets
Stock market LIVE: All sectoral indices ended in the red with capital goods, IT, metal, pharma, auto, realty and PSU Bank indices falling in the 1-3 per cent range
 "Sensex drops 555 pts, Nifty below 17,650 as energy woes hit global markets")
Indonesia recovery hopes drive gains for Godrej Consumer, stock up 6%
Consistent growth across geographies, margin gain key to sustain stock rally
 "Indonesia recovery hopes drive gains for Godrej Consumer, stock up 6%")
Godrej Consumer leveraging on data and tech, strengthening its e-commerce
FMCG firm Godrej Consumer Products Ltd (GCPL) is strengthening its e-commerce vertical as an independent business unit in India, according to company Chairperson and Managing Director Nisaba Godrej.
Double-digit volumes to drive Q1 growth for Godrej Consumer, Marico
Margins, however, are expected to correct on a YoY basis
 "Double-digit volumes to drive Q1 growth for Godrej Consumer, Marico")
Consumer has become an omni-channel shopper: GCPL India's Sunil Kataria
Sunil Kataria, CEO (India & SAARC) of GCPL, explains the challenges arising out of the second wave, in an interview to Viveat Susan Pinto
 "Consumer has become an omni-channel shopper: GCPL India's Sunil Kataria")
New CEO at Godrej Consumer Products drives a sharp rerating for the stock
The stock gains 21 per cent; improvement in financial metrics key to sustain show
 "New CEO at Godrej Consumer Products drives a sharp rerating for the stock")
Godrej Consumer soars 15% on Sudhir Sitapati's appointment as MD and CEO
Sudhir Sitapati, who spent over two decades at FMCG Hindustan Unilever, will take over as Godrej Consumer's managing director (MD) and CEO in October 2021
 "Godrej Consumer soars 15% on Sudhir Sitapati's appointment as MD and CEO")
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.
Recovery in global operations key re-rating trigger for Godrej Consumer
The company is eyeing a double digit revenue growth and 17%-18% margins in key markets such as Africa
 "Recovery in global operations key re-rating trigger for Godrej Consumer")
Godrej Consumer: Q3 in sync with street, analysts positive on future
Healthy demand outlook and turnaround of Africa business key factors for the stock
 "Godrej Consumer: Q3 in sync with street, analysts positive on future")
