Business

Godrej Consumer Products Q1FY25 results: Net profit climbs 41% to Rs 451 cr Provider End results

.Sale of products fell 3 per-cent to Rs 3,311 cr.1 minutes read through Last Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Consumer Products disclosed a smaller-than-expected increase in first-quarter earnings on Wednesday, as its own home pesticides found smooth need.The Cinthol detergent producer disclosed a combined web earnings of Rs 451 cr ($ 54 thousand) for the one-fourth ended June 30, up coming from Rs 319 cr a year previously.Experts carried average assumed an income of 4.92 billion rupees, based on LSEG information.Purchase of products dropped 3 per-cent to Rs 3,311 cr.The business declared its own admittance into the household pet care service, through which it will invest 5 billion rupees over 5 years.Top quality durable goods makers have actually lessened rates to take on smaller sized competitors that deliver less expensive choices, which has negatively impacted top-line development.Nonetheless, they are profiting from a recovery popular in backwoods.Rival Saffola oil creator Marico reported a slightly bigger-than-expected rise in first-quarter earnings, while Dabur India mentioned a first-quarter revenue in line with assumptions.( Only the title and photo of this document might possess been actually reworked due to the Organization Criterion staff the remainder of the material is actually auto-generated coming from a syndicated feed.) Very First Published: Aug 07 2024|4:57 PM IST.