Strong India biz growth to drive gains for GCPL
Business Standard|October 26, 2024
Godrej Consumer Products Ltd (GCPL) reported a 2 per cent year-on-year (Y-o-Y) increase in consolidated revenue to ₹3,670 crore.
DEVANGSHU DATTA

Organic revenue growth in constant currency was up 14 per cent Y-o-Y.

Consolidated operating profit was up 5 per cent to ₹760 crore, profit before tax grew 10 per cent Y-o-Y to ₹710 crore, and adjusted net profit grew 12 per cent Y-o-Y to ₹490 crore.

Consolidated organic volume growth was 5 per cent. India volume grew 7 per cent Y-o-Y. Gross margins expanded 70 basis points Y-o-Y to 55.6 per cent. Operating profit margin expanded 70 basis points Y-o-Y to 20.8 per cent.

India revenue grew 6 per cent Y-o-Y with 7 per cent volume growth. Home Care had 12 per cent growth. Household insecticide (HI) saw single-digit volume growth. Air fresheners and fabric care had a double-digit volume growth.

The personal care portfolio registered only 3 per cent Y-o-Y growth. Personal wash was flat in volume with market share gains. Hair colour volume grew double digits. Deodorants and sexual wellness had strong double-digit volume growth.

هذه القصة مأخوذة من طبعة October 26, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة October 26, 2024 من Business Standard.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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