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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. ....
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.
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.
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. ....