Business

Godrej Consumer Products Q1FY25 leads: Web revenue rises 41% to Rs 451 cr Company Outcomes

.Purchase of items fell 3 per cent to Rs 3,311 cr.1 min read Final Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Customer Products stated a smaller-than-expected increase in first-quarter income on Wednesday, as its own house insecticides viewed soft demand.The Cinthol cleansing soap maker mentioned a combined net revenue of Rs 451 cr ($ 54 million) for the quarter finished June 30, up from Rs 319 cr a year earlier.Experts had on standard expected a revenue of 4.92 billion rupees, as per LSEG information.Sale of items dropped 3 per cent to Rs 3,311 cr.The company revealed its own admittance right into the dog treatment business, through which it will put in 5 billion rupees over 5 years.Well-known consumer goods producers have actually minimized prices to take on much smaller opponents that offer much cheaper alternatives, which has actually detrimentally impacted top-line growth.However, they are actually reaping the benefits coming from a healing in demand in rural areas.Rivalrous Saffola oil creator Marico mentioned a slightly bigger-than-expected rise in first-quarter revenue, while Dabur India reported a first-quarter revenue in line with requirements.( Only the headline and picture of this record may possess been revamped due to the Organization Specification staff the remainder of the information is actually auto-generated from a syndicated feed.) Very First Published: Aug 07 2024|4:57 PM IST.