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).
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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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.