Business

Godrej Buyer Products Q1FY25 leads: Net revenue increases 41% to Rs 451 cr Company Results

.Sale of products fell 3 per cent to Rs 3,311 cr.1 min checked out Final Improved: Aug 07 2024|4:57 PM IST.India's Godrej Consumer Products disclosed a smaller-than-expected growth in first-quarter profit on Wednesday, as its household pesticides found soft need.The Cinthol cleansing soap creator mentioned a consolidated internet income of Rs 451 cr ($ 54 million) for the quarter finished June 30, up coming from Rs 319 cr a year earlier.Analysts carried average expected a revenue of 4.92 billion rupees, based on LSEG data.Sale of items dropped 3 per-cent to Rs 3,311 cr.The business announced its access in to the dog care organization, through which it will definitely put in 5 billion rupees over 5 years.Top quality durable goods makers have minimized prices to take on smaller sized opponents that offer less costly options, which has actually detrimentally affected top-line development.Nonetheless, they are reaping the benefits from a rehabilitation sought after in rural areas.Rival Saffola oil maker Marico mentioned a slightly bigger-than-expected rise in first-quarter revenue, while Dabur India disclosed a first-quarter earnings in line with assumptions.( Merely the title and also image of this document may have been remodelled by the Service Requirement team the rest of the material is actually auto-generated coming from a syndicated feed.) First Released: Aug 07 2024|4:57 PM IST.