Business

Godrej Buyer Products Q1FY25 results: Net earnings climbs 41% to Rs 451 cr Provider End results

.Sale of items fell 3 per-cent to Rs 3,311 cr.1 min went through Final Updated: Aug 07 2024|4:57 PM IST.India's Godrej Consumer Products mentioned a smaller-than-expected increase in first-quarter profit on Wednesday, as its own house insecticides saw smooth demand.The Cinthol detergent manufacturer disclosed a combined internet profit of Rs 451 cr ($ 54 thousand) for the fourth ended June 30, up from Rs 319 cr a year previously.Analysts had on average assumed a revenue of 4.92 billion rupees, according to LSEG information.Sale of products dropped 3 per-cent to Rs 3,311 cr.The firm introduced its own admittance in to the family pet treatment service, in which it is going to put in 5 billion rupees over 5 years.Top quality durable goods manufacturers have actually decreased costs to compete with much smaller competitors that provide less expensive options, which has actually detrimentally influenced top-line growth.However, they are profiting coming from a recuperation sought after in backwoods.Rival Saffola oil maker Marico mentioned a somewhat bigger-than-expected rise in first-quarter profit, while Dabur India reported a first-quarter revenue in accordance with assumptions.( Merely the title and picture of this record may possess been actually reworked by the Business Standard staff the remainder of the web content is actually auto-generated from a syndicated feed.) Initial Published: Aug 07 2024|4:57 PM IST.

Articles You Can Be Interested In