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New product launches, margins to drive gains for Godrej Consumer Products

Godrej Consumer Products (GCPL) reported 6 per cent year-on-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to Rs 3,385 crore and this was impacted adversely by currency movement. The constant currency (CC) growth would have been 30 per cent Y-o-Y in Q4FY24. India business clocked 12 per cent Y-o-Y revenue growth (5 per cent of it organic) with volume growth of 15 per cent Y-o-Y (7 per cent organic).

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Godrej Consumer Products Q4 updates get thumbs up from brokerages, shares see 24% upside

Godrej Consumer Products expects to deliver an underlying volume growth of high single digit and sales growth of mid-single digit driven largely by currency volatility, the company said in an exchange filing.

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Stocks that will see action today—April 8, 2024 - The Hindu BusinessLine

Stocks that will see action today—April 8, 2024 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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FMCG players see subdued domestic growth in Q4 - The Hindu BusinessLine

FMCG players see subdued domestic growth in Q4 - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Operating conditions in India remain subdued in Q4 of FY24: GCPL, ET Retail

Godrej Consumer Products Ltd reported strong underlying volume growth at high single digit in Q4 FY24 despite subdued operating conditions in India. Quarterly update expects mid-single digit sales growth driven by currency volatility. GoodKnight Agarbatti launch well received.

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