Markets Business Research Reports Premium Economy & Finance Law & Policy

Godrej Consumer Products Q2 Results: Profit Rises 13%, Meets Estimates

Godrej Consumer Products achieved a net profit of Rs 491 crore in Q2 FY25, reflecting a 13% increase compared to the same period last year, as per its latest exchange filing.

Mahima Vachhrajani, Vrathik Jain

Despite a slight revenue decline to Rs 3,666 crore, Godrej Consumer Products Ltd.'s quarterly performance matched market expectations, maintaining steady growth in profit. (A range of Godrej Consumer products in a basket. Photo source: Usha Kunji/NDTV Profit)

Godrej Consumer Products Ltd.'s second-quarter profit rose 13% on a yearly basis, meeting analysts' estimates.

Consolidated net profit for the maker of Goodknight mosquito repellent and Cinthol soaps increased 13.4% over the year earlier to Rs 491 crore in the quarter-ended September, according to an exchange filing. That compares with the Rs 499-crore consensus forecast of analysts tracked by Bloomberg.

Its revenue declined 1.77% to Rs 3,666 crore, as against an estimate of Rs 3,631 crore.

Godrej Consumer Q2 FY25 Key Highlights 

  • Revenue up 1.77% at Rs 3,666 crore versus Rs 3,602 crore. (Bloomberg estimate: Rs 3,631 crore).

  • Ebitda up 5.25% to Rs 761 crore versus Rs 723 crore. (Bloomberg estimate: Rs 754 crore).

  • Margin up 68 basis points to 20.75% versus 20.07%. (Bloomberg estimate: 20.8%).

  • Net profit up 13.39% to Rs 491 crore versus Rs 433 crore. (Bloomberg estimate: Rs 499 crore).

(This is developing story).

Also Read: Current Growth Rate Can Peak Up To 10–12%, Says Jamshyd Godrej—NDTV Profit Exclusive

Key Highlights From Conference Call

  • Ebitda Growth margin will grow in Next Quarters

  • Macro Stability in Argentina, Bullish on structural change in next quarters.

  • Continue to with same strategy given volatility in palm oil prices.

  • Green Shoots are secular between rural and Urban

  • Will double and triple distribution in Insecticides

  • Volume growth in Soaps will be soft going forward

  • More pressure on soaps and hopeful of other segments compensates.

  • Performing well ahead of expectations in Liquid Detergents.

  • Investment in rural areas has done better for us.

  • Urban has not moderated, Rural has picked up

  • Increase in Other expense is on back of large investment.

  • Expecting Price growth in soaps in second half.

  • Scope in Africa is to expand margin going forward beyond 15%

Watch LIVE TV , Get Stock Market Updates, Top Business , IPO and Latest News on NDTV Profit.
WRITTEN BY
Mahima Vachhrajani
Chartered accountant by trade Research Analyst and Anchor by passion, track... more
GET REGULAR UPDATES

RECOMMENDED FOR YOU

PG Electroplast Share Price At Life High After Sipro Mobility Deal
timelogo Nov 19, 2024
Godrej Industries Share Price Spikes On Over Twofold Rise In Q2 Profit
timelogo Nov 14, 2024
Voltas Share Price Likely To Rise Nearly 22%, Projects Motilal Oswal After Strong Q2 Earnings
timelogo Oct 31, 2024
Godrej Properties Q2 Results: Profit Surges 4.5 Times
timelogo Oct 24, 2024

POPULAR

1
Maharashtra Exit Poll Results 2024: Poll Of Polls Predicts Landslide Victory For BJP-Led Mahayuti
2
US Stock Markets Today: Dow Jones, S&P 500 Open Higher; Nasdaq Nears 19,000
3
SEBI Amends AIF Rules To Align Investor Rights With Contributions
4
Maharashtra Exit Poll 2024 Results: Chanakya Updates Projections, Strong Showing For Mahayuti
5
Hinduja Group's IIHL Gets Government Nod To Buy Reliance Capital