Business

Godrej Customer Products Q1FY25 leads: Net profit increases 41% to Rs 451 cr Company Results

.Purchase of items fell 3 per cent to Rs 3,311 cr.1 minutes read through Last Updated: Aug 07 2024|4:57 PM IST.India's Godrej Buyer Products disclosed a smaller-than-expected surge in first-quarter profit on Wednesday, as its own family pesticides observed smooth demand.The Cinthol soap maker mentioned a consolidated net profit of Rs 451 cr ($ 54 thousand) for the fourth finished June 30, up from Rs 319 cr a year earlier.Analysts had on average assumed an income of 4.92 billion rupees, as per LSEG information.Sale of products fell 3 per-cent to Rs 3,311 cr.The company introduced its own admittance into the animal treatment organization, through which it will definitely invest 5 billion rupees over 5 years.Top quality durable goods producers have minimized costs to take on smaller rivals that give less costly choices, which has adversely impacted top-line growth.Having said that, they are profiting from a healing sought after in rural areas.Rivalrous Saffola oil creator Marico stated a somewhat bigger-than-expected boost in first-quarter profit, while Dabur India mentioned a first-quarter revenue in accordance with requirements.( Merely the heading and image of this record may possess been actually revamped due to the Organization Requirement team the rest of the content is actually auto-generated coming from a syndicated feed.) Very First Released: Aug 07 2024|4:57 PM IST.