Business

Godrej Buyer Products Q1FY25 results: Net revenue climbs 41% to Rs 451 cr Company Results

.Purchase of products fell 3 per-cent to Rs 3,311 cr.1 minutes checked out Last Updated: Aug 07 2024|4:57 PM IST.India's Godrej Consumer Products reported a smaller-than-expected rise in first-quarter profit on Wednesday, as its home insecticides saw smooth requirement.The Cinthol soap maker mentioned a combined net profit of Rs 451 cr ($ 54 million) for the quarter ended June 30, up from Rs 319 cr a year earlier.Experts carried average expected an income of 4.92 billion rupees, according to LSEG data.Purchase of items dropped 3 per cent to Rs 3,311 cr.The firm revealed its admittance right into the dog treatment service, in which it is going to put in 5 billion rupees over 5 years.Top quality consumer goods creators have lowered rates to take on smaller sized competitors that give less costly substitutes, which has negatively influenced top-line development.However, they are actually profiting coming from a recovery popular in backwoods.Rival Saffola oil maker Marico disclosed a somewhat bigger-than-expected increase in first-quarter profit, while Dabur India reported a first-quarter revenue in accordance with desires.( Just the headline as well as picture of this record may possess been actually modified by the Business Criterion staff the remainder of the web content is actually auto-generated coming from a syndicated feed.) Very First Released: Aug 07 2024|4:57 PM IST.