Business

Godrej Individual Products Q1FY25 leads: Internet profit climbs 41% to Rs 451 cr Company End results

.Sale of items fell 3 per-cent to Rs 3,311 cr.1 min went through Last Updated: Aug 07 2024|4:57 PM IST.India's Godrej Customer Products stated a smaller-than-expected increase in first-quarter revenue on Wednesday, as its own house insecticides found smooth need.The Cinthol cleansing soap maker reported a combined net profit of Rs 451 cr ($ 54 million) for the quarter finished June 30, up from Rs 319 cr a year previously.Analysts had on standard expected a profit of 4.92 billion rupees, as per LSEG information.Sale of products fell 3 per-cent to Rs 3,311 cr.The company declared its own admittance in to the pet care company, in which it will definitely commit 5 billion rupees over 5 years.Top quality consumer goods producers have decreased costs to take on smaller sized competitors that give more affordable alternatives, which has actually detrimentally affected top-line growth.Nevertheless, they are profiting from a healing sought after in rural areas.Rivalrous Saffola oil maker Marico disclosed a slightly bigger-than-expected rise in first-quarter income, while Dabur India mentioned a first-quarter revenue in accordance with expectations.( Just the heading and picture of this record might possess been modified by the Organization Requirement team the remainder of the web content is auto-generated coming from a syndicated feed.) Initial Posted: Aug 07 2024|4:57 PM IST.

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