3 weeks ago

Godrej Consumer Q1 profit rises 11.5%; revenue jumps 18%

Godrej Consumer Q1 profit rises 11.5%; revenue jumps 18%
Godrej Consumer Q1 profit rises 11.5%; revenue jumps 18% · financialexpress.com

Godrej Consumer Products is a big company that makes things people use every day, like soap, shampoo, and insect repellent.

Every few months, companies tell everyone how much money they made, which is called a quarterly report.

This time, Godrej said it made more money than it did one year ago.

Its profit went up by about 11.5%, and the money it earned from selling products went up by 18%.

This means people bought more of their products than before.

The company sells many items in India under brands like Good Knight, Cinthol, and HIT.

Its business in Africa grew a lot, and its business in Indonesia started growing steadily again.

Prices of some ingredients the company needs went up, which made things a little harder.

But the company still did very well overall and its boss said the growth was healthy.

Key facts

Company
Godrej Consumer Products
Consolidated Net Profit
Rs 504.52 crore (up 11.5% YoY)
Total Revenue
Rs 4,225.47 crore (up 18.31% YoY)
EBITDA
Grew 14%, with margins at 19%
Underlying Volume Growth
9% consolidated
India Revenue
Rs 2,557.41 crore (up 11.43%)
Indonesia Revenue
Rs 486.91 crore (up 15.3%)
Africa Revenue
Rs 1,006.13 crore (up 47%)

Quotes

Sudhir Sitapati

Managing Director and CEO of Godrej Consumer Products

“"The company’s ‘EBITDA grew 14%, with margins at 19%. Net profit grew 11%, reflecting healthy underlying earnings quality, even as margins absorbed some near‑term commodity pressure."”
financialexpress.com

Sources

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