Business

Godrej Consumer Products Q1FY25 results: Net earnings climbs 41% to Rs 451 cr Business End results

.Sale of items fell 3 per cent to Rs 3,311 cr.1 minutes read Final Updated: Aug 07 2024|4:57 PM IST.India's Godrej Customer Products disclosed a smaller-than-expected increase in first-quarter revenue on Wednesday, as its family insecticides found smooth need.The Cinthol soap creator reported a combined internet profit of Rs 451 cr ($ 54 million) for the quarter finished June 30, up from Rs 319 cr a year earlier.Experts carried standard expected an earnings of 4.92 billion rupees, as per LSEG records.Sale of products dropped 3 percent to Rs 3,311 cr.The firm introduced its access into the pet dog treatment service, in which it is going to put in 5 billion rupees over 5 years.Well-known consumer goods makers have decreased costs to take on smaller competitors that offer more affordable substitutes, which has actually detrimentally impacted top-line growth.Nonetheless, they are reaping the benefits from a healing popular in rural areas.Rivalrous Saffola oil maker Marico stated a slightly bigger-than-expected rise in first-quarter earnings, while Dabur India reported a first-quarter earnings according to desires.( Only the heading and photo of this report may have been modified by the Business Specification team the rest of the content is actually auto-generated from a syndicated feed.) 1st Posted: Aug 07 2024|4:57 PM IST.