Business

Godrej Individual Products Q1FY25 leads: Net profit rises 41% to Rs 451 cr Provider Outcomes

.Sale of items fell 3 per cent to Rs 3,311 cr.1 minutes read Final Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Consumer Products disclosed a smaller-than-expected growth in first-quarter earnings on Wednesday, as its house pesticides saw smooth demand.The Cinthol cleansing soap maker disclosed a combined internet revenue of Rs 451 cr ($ 54 thousand) for the one-fourth finished June 30, up coming from Rs 319 cr a year earlier.Analysts carried standard expected an income of 4.92 billion rupees, according to LSEG information.Sale of items fell 3 per cent to Rs 3,311 cr.The firm announced its admittance into the household pet treatment company, through which it will spend 5 billion rupees over 5 years.Well-known consumer goods manufacturers have actually reduced costs to take on smaller opponents that deliver much cheaper alternatives, which has actually negatively impacted top-line growth.However, they are reaping the benefits coming from a healing popular in rural areas.Rival Saffola oil producer Marico stated a somewhat bigger-than-expected rise in first-quarter earnings, while Dabur India reported a first-quarter profit according to requirements.( Simply the heading and also photo of this report may possess been remodelled by the Organization Requirement team the remainder of the material is actually auto-generated coming from a syndicated feed.) First Published: Aug 07 2024|4:57 PM IST.