Godrej Customer Products Q1FY25 leads: Net income increases 41% to Rs 451 cr Company Outcomes

.Purchase of products fell 3 per cent to Rs 3,311 cr.1 min checked out Final 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 household pesticides found soft demand.The Cinthol detergent maker mentioned a consolidated net revenue of Rs 451 cr ($ 54 thousand) for the quarter ended June 30, up from Rs 319 cr a year earlier.Experts carried average expected a revenue of 4.92 billion rupees, based on LSEG records.Sale of products fell 3 percent to Rs 3,311 cr.The firm announced its entry in to the pet care company, in which it is going to commit 5 billion rupees over 5 years.Top quality consumer goods producers have actually decreased rates to take on smaller opponents that give more affordable substitutes, which has adversely affected top-line growth.Nevertheless, they are profiting from a recuperation popular in rural areas.Rival Saffola oil maker Marico disclosed a somewhat bigger-than-expected increase in first-quarter revenue, while Dabur India disclosed a first-quarter income according to desires.( Simply the title and also picture of this record may possess been modified by the Company Criterion staff the rest of the web content is auto-generated coming from a syndicated feed.) Very First Posted: Aug 07 2024|4:57 PM IST.