Godrej Consumer Products Q1FY25 results: Net profit rises 41% to Rs 451 cr Firm Results

.Sale of products fell 3 per-cent to Rs 3,311 cr.1 minutes read through Final Upgraded: Aug 07 2024|4:57 PM IST.India’s Godrej Buyer Products reported a smaller-than-expected rise in first-quarter earnings on Wednesday, as its household pesticides viewed smooth requirement.The Cinthol detergent maker mentioned a combined internet profit of Rs 451 cr ($ 54 million) for the quarter finished June 30, up coming from Rs 319 cr a year earlier.Analysts carried standard assumed a profit of 4.92 billion rupees, as per LSEG data.Sale of items fell 3 percent to Rs 3,311 cr.The company revealed its own access into the family pet treatment company, in which it is going to invest 5 billion rupees over 5 years.Well-known consumer goods makers have reduced prices to take on smaller competitors that supply less costly alternatives, which has negatively influenced top-line development.However, they are actually reaping the benefits coming from a recuperation popular in rural areas.Competing Saffola oil creator Marico mentioned a somewhat bigger-than-expected boost in first-quarter earnings, while Dabur India disclosed a first-quarter profit according to expectations.( Merely the heading as well as picture of this record might possess been remodelled by the Company Standard staff the remainder of the content is auto-generated coming from a syndicated feed.) Initial Released: Aug 07 2024|4:57 PM IST.