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Godrej Consumer eyes high-teens September-quarter growth, calibrates pricing as palm oil and crude costs rise

Godrej Consumer reported 18.3% consolidated revenue growth to Rs 4,225 crore in the June quarter. It expects September-quarter revenue growth in the high teens and is taking calibrated pricing actions as palm oil and crude-linked input costs rise.

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The numbers

Figures from NDTV Profit,

Q1 consolidated net profit: Rs 505 crore
Q1 consolidated net profit growth: 11.5%
Q1 Ebitda: Rs 802 crore
Q1 Ebitda margin: 19%
Q1 India business revenue: Rs 2,557 crore
Q1 Africa business revenue growth: 47%

Why it matters to operators and investors

Expect Godrej to pass through palm oil and crude-linked cost inflation with calibrated price moves rather than blanket hikes, so retailers and distributors should prepare for selective shelf-price and promotion renegotiations while it still aims for high-teens growth in the September quarter.

The source

Source Read the source at NDTV Profit

Published

Also reported by CNBC-TV18, ET Small Business, Storyboard18, Financial Express

First seen