Business

Godrej Consumer Products Q1FY25 results: Web profit increases 41% to Rs 451 cr Company Outcomes

.Sale of items dropped 3 percent to Rs 3,311 cr.1 min checked out Last Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Individual Products reported a smaller-than-expected rise in first-quarter revenue on Wednesday, as its own family pesticides found soft demand.The Cinthol cleansing soap producer reported a combined web income of Rs 451 cr ($ 54 million) for the quarter finished June 30, up from Rs 319 cr a year previously.Professionals had on average expected a revenue of 4.92 billion rupees, according to LSEG information.Sale of products dropped 3 per-cent to Rs 3,311 cr.The business revealed its access into the pet dog treatment organization, through which it will commit 5 billion rupees over 5 years.Top quality durable goods makers have decreased rates to compete with much smaller opponents that provide cheaper options, which has actually adversely affected top-line growth.However, they are actually reaping the benefits from a recuperation in demand in rural areas.Rival Saffola oil maker Marico stated a somewhat bigger-than-expected boost in first-quarter earnings, while Dabur India reported a first-quarter earnings in line with assumptions.( Merely the headline and image of this document might have been revamped due to the Company Standard workers the rest of the web content is auto-generated from a syndicated feed.) Very First Posted: Aug 07 2024|4:57 PM IST.