Business

Godrej Consumer Products Q1FY25 leads: Net income increases 41% to Rs 451 cr Company Results

.Purchase of products fell 3 percent to Rs 3,311 cr.1 min went through Last Updated: Aug 07 2024|4:57 PM IST.India's Godrej Individual Products mentioned a smaller-than-expected rise in first-quarter income on Wednesday, as its house pesticides viewed soft demand.The Cinthol cleansing soap producer mentioned a combined net income of Rs 451 cr ($ 54 million) for the quarter ended June 30, up from Rs 319 cr a year previously.Experts carried average expected an income of 4.92 billion rupees, as per LSEG information.Sale of products fell 3 per cent to Rs 3,311 cr.The firm announced its access into the pet treatment organization, through which it will put in 5 billion rupees over 5 years.Branded durable goods manufacturers have minimized rates to take on smaller opponents that offer more affordable alternatives, which has adversely affected top-line growth.Nevertheless, they are reaping the benefits coming from a healing sought after in rural areas.Rivalrous Saffola oil maker Marico mentioned a slightly bigger-than-expected boost in first-quarter income, while Dabur India reported a first-quarter revenue in accordance with assumptions.( Only the heading and photo of this record might have been actually reworked by the Service Criterion team the remainder of the information is auto-generated from a syndicated feed.) Very First Published: Aug 07 2024|4:57 PM IST.