Business

Godrej Consumer Products Q1FY25 results: Web earnings climbs 41% to Rs 451 cr Company End results

.Purchase of products fell 3 per-cent to Rs 3,311 cr.1 min reviewed Final Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Buyer Products stated a smaller-than-expected growth in first-quarter profit on Wednesday, as its household pesticides found smooth requirement.The Cinthol detergent maker stated a combined web profit of Rs 451 cr ($ 54 million) for the one-fourth ended June 30, up from Rs 319 cr a year earlier.Analysts carried average expected a revenue of 4.92 billion rupees, according to LSEG data.Purchase of products fell 3 per cent to Rs 3,311 cr.The company announced its entry in to the dog treatment business, through which it will certainly spend 5 billion rupees over 5 years.Top quality durable goods producers have reduced costs to take on smaller opponents that deliver less expensive substitutes, which has negatively impacted top-line development.Nonetheless, they are reaping the benefits coming from a healing popular in backwoods.Rivalrous Saffola oil maker Marico disclosed a somewhat bigger-than-expected rise in first-quarter profit, while Dabur India reported a first-quarter profit in accordance with requirements.( Simply the headline as well as picture of this document may have been actually revamped due to the Business Criterion workers the remainder of the information is actually auto-generated coming from a syndicated feed.) Initial Released: Aug 07 2024|4:57 PM IST.

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