Business

Godrej Consumer Products Q1FY25 results: Internet income increases 41% to Rs 451 cr Company Results

.Sale of items fell 3 per cent to Rs 3,311 cr.1 min checked out Last Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Customer Products disclosed a smaller-than-expected increase in first-quarter profit on Wednesday, as its own family insecticides saw smooth requirement.The Cinthol soap manufacturer mentioned a consolidated net earnings of Rs 451 cr ($ 54 million) for the fourth finished June 30, up from Rs 319 cr a year earlier.Experts had on average assumed a revenue of 4.92 billion rupees, based on LSEG data.Sale of items dropped 3 per cent to Rs 3,311 cr.The company declared its own entry into the dog care organization, in which it is going to put in 5 billion rupees over 5 years.Well-known consumer goods manufacturers have lessened prices to compete with smaller sized competitors that use more affordable alternatives, which has actually negatively impacted top-line development.However, they are actually profiting coming from a healing in demand in backwoods.Rival Saffola oil producer Marico reported a somewhat bigger-than-expected increase in first-quarter revenue, while Dabur India disclosed a first-quarter revenue in accordance with expectations.( Just the headline and also picture of this document might possess been reworked due to the Service Standard personnel the remainder of the web content is actually auto-generated from a syndicated feed.) 1st Published: Aug 07 2024|4:57 PM IST.

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