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Godrej Consumer Products Q1FY25 leads: Internet income climbs 41% to Rs 451 cr Business Results

.Purchase of products fell 3 per-cent to Rs 3,311 cr.1 min read through Last Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Buyer Products reported a smaller-than-expected rise in first-quarter revenue on Wednesday, as its family pesticides found soft requirement.The Cinthol soap manufacturer mentioned a consolidated internet profit of Rs 451 cr ($ 54 million) for the quarter ended June 30, up from Rs 319 cr a year earlier.Experts carried average anticipated a revenue of 4.92 billion rupees, according to LSEG data.Sale of products fell 3 percent to Rs 3,311 cr.The company announced its own entry right into the dog treatment company, in which it will definitely invest 5 billion rupees over 5 years.Top quality consumer goods producers have minimized prices to compete with smaller competitors that provide less costly alternatives, which has actually negatively affected top-line growth.Nevertheless, they are actually reaping the benefits from a rehabilitation in demand in rural areas.Rivalrous Saffola oil maker Marico reported a somewhat bigger-than-expected increase in first-quarter profit, while Dabur India stated a first-quarter earnings according to expectations.( Only the title as well as image of this file might possess been revamped by the Business Standard team the remainder of the web content is actually auto-generated coming from a syndicated feed.) First Published: Aug 07 2024|4:57 PM IST.