India's Godrej Consumer hits six-month low as Q2 core profit set to drop

Godrej Consumer Products

08/10/2025 06:01

** India's Godrej Consumer Products  GOCP.NS falls 2.7% to six-month low of 1,122 rupees

** Co says second-quarter core profit likely to decline due to temporary sales disruption after government's sweeping GST rate cuts

** Expects mid-single-digit growth in consolidated revenue for July-September

** CLSA says Q2 sales growth slightly below its projection of 7%

** Goldman Sachs lowers FY26-FY28 earnings by ~4% to factor in lower margins due to higher palm oil prices

** FMCG companies flagged short-term sales disruptions in September, ahead of GST rate cuts taking effect, as retailers rushed to liquidate existing higher-priced inventory

** Analysts on avg recommend "buy" rating on Godrej Consumer; median PT at 1,400 rupees, as per LSEG data

** YTD, GOCP up 4%

 (Reporting by Vivek Kumar M)

 ((vivekkumar.m@thomsonreuters.com))