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GODREJCP — Godrej Consumer Products News Story

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India's Godrej Consumer expects high-teens revenue growth in second quarter

India's Godrej Consumer expects high-teens revenue growth in second quarter

- India's Godrej Consumer Products GOCP.NS said on Monday it expects second-quarter consolidated revenue to rise in the high teens, supported by growth across its businesses.

Here are more details:

  • The company released its quarterly update ahead of its first earnings under Aasif Malbari as CEO and managing director after the sudden resignation of long-time chief Sudhir Sitapati in August.

  • The Goodknight mosquito repellent maker expects consolidated underlying volume for the quarter ended September 30 to grow in the high single digits and EBITDA by double digits.

  • Godrej sees its standalone India business delivering revenue growth in the teens and underlying volume growth in the high single digits, despite a roughly 100–150 basis point hit from trade inventory correction.

  • The Cinthol soaps maker said growth in India was supported by healthy demand across its personal care and home care portfolios.

  • However, input cost pressures intensified during the quarter due to renewed inflation in crude-linked derivatives, palm oil and other commodity inputs, the company said.

  • The company was countering the pressures through calibrated price increases, cost-saving measures, supply-chain efficiencies and tighter cost management, it added.

  • The company, which is yet to announce its date to release quarterly earnings, has been in focus for its execution amid uneven demand and rising ​input costs.

  • It expects its Indonesia business to post high-teens revenue growth and its Africa, USA and Middle East business to deliver robust double-digit revenue and volume growth.

  • Godrej said it remains on track to meet its full-year outlook for fiscal 2027 and expects to exceed it in select areas.



(Reporting by Payel Das in Bengaluru; Editing by Leroy Leo)

((Payel.Das@thomsonreuters.com;))

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