Business

Godrej Customer Products Q1FY25 leads: Web earnings rises 41% to Rs 451 cr Firm Results

.Sale of products dropped 3 per-cent to Rs 3,311 cr.1 minutes read through Last Improved: Aug 07 2024|4:57 PM IST.India's Godrej Consumer Products stated a smaller-than-expected rise in first-quarter earnings on Wednesday, as its home pesticides viewed smooth demand.The Cinthol detergent maker disclosed a combined net profit of Rs 451 cr ($ 54 million) for the one-fourth finished June 30, up from Rs 319 cr a year earlier.Analysts carried average expected an income of 4.92 billion rupees, as per LSEG records.Purchase of products fell 3 per cent to Rs 3,311 cr.The firm revealed its entry right into the dog treatment organization, in which it will spend 5 billion rupees over 5 years.Branded consumer goods makers have decreased prices to compete with smaller opponents that use more affordable options, which has actually adversely affected top-line growth.However, they are actually reaping the benefits from a healing sought after in rural areas.Competing Saffola oil maker Marico reported a slightly bigger-than-expected boost in first-quarter profit, while Dabur India mentioned a first-quarter earnings in accordance with desires.( Just the headline as well as photo of this file might possess been modified by the Service Specification workers the rest of the web content is actually auto-generated from a syndicated feed.) Initial Published: Aug 07 2024|4:57 PM IST.

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