India's Godrej Consumer rises on upbeat Q4 growth outlook despite market slump

Godrej Consumer Products

07/04/2025 06:06

** Shares of India's Godrej Consumer Products GOCP.NS up 1.6%; lone gainer among consumer stocks .NIFTYFMCG, which is down 2.2%
** Nifty 50 index .NSEI down 4.3% amid concerns over a trade war and growing recession fears in the U.S.
** GOCP on Sunday said it expects mid-single-digit volume growth and high-single-digit revenue growth for the March quarter
** Qtrly update notes turnaround in home care segment... see growth rebound ahead in personal care, where necessary price hikes are in place - Emkay Global
**  Emkay sees ~8% topline growth in Q4 (vs 3.6% in Q3) with 5% volume growth in Q4 (vs flat volumes in Q3)
** GOCP up 6.9% YTD vs 5.2% fall in FMCG index

(Reporting by Sethuraman NR in Bengaluru
)

((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net
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