Business

Godrej Consumer Products Q1FY25 leads: Net profit climbs 41% to Rs 451 cr Business End results

.Sale of items dropped 3 percent to Rs 3,311 cr.1 min read Last Updated: Aug 07 2024|4:57 PM IST.India's Godrej Buyer Products mentioned a smaller-than-expected growth in first-quarter revenue on Wednesday, as its home insecticides found soft requirement.The Cinthol detergent producer mentioned a consolidated internet income of Rs 451 cr ($ 54 million) for the quarter finished June 30, up from Rs 319 cr a year earlier.Professionals carried standard anticipated an earnings of 4.92 billion rupees, based on LSEG records.Sale of products dropped 3 percent to Rs 3,311 cr.The firm revealed its admittance in to the pet dog care business, in which it is going to commit 5 billion rupees over 5 years.Branded durable goods manufacturers have actually minimized rates to take on smaller opponents that provide cheaper choices, which has actually adversely influenced top-line development.Nevertheless, they are reaping the benefits from a rehabilitation sought after in rural areas.Rivalrous Saffola oil maker Marico disclosed a somewhat bigger-than-expected rise in first-quarter revenue, while Dabur India mentioned a first-quarter profit according to expectations.( Merely the heading and also photo of this file may possess been revamped by the Organization Requirement personnel the rest of the information is actually auto-generated coming from a syndicated feed.) Initial Posted: Aug 07 2024|4:57 PM IST.