Updated Feb 09, 2021 | 20:43 IST
ET NOW Spoke to Nisaba Godrej on the overall Q3 performance of Godrej consumer, what were the new trends and the impact of an increase in raw material prices. Representational Image | Photo Credit: BCCL
Key Highlights
Strong demand for for health and hygiene segment
Premium category has seen a good growth/recovery during the quarter
Godrej Consumer Product limited Q3FY21 numbers were in line with the street estimates. The domestic business volumes grew by 7%. 81% of the company’s portfolio, related to health, hygiene and value
for money, delivered 14% sales growth during the quarter. While the HI segment posted a 7% growth. This is the second consecutive quarter of soft growth in the HI segment. In the Soap and hair colour categories the company has continued to gain market share. There is pressure on gross margins due to steep palm oil cost increase. We could see higher ad spending going forward. Th
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