Godrej Client Merchandise This autumn Outcomes: Mumbai-headquartered Godrej Client Merchandise (GODREJCP) on Monday reported a consolidated web lack of Rs 1,893.2 crore for the January-March interval owing to a one-time cost of Rs 2,376 crore on account of restructuring prices, as in opposition to a consolidated web revenue of Rs 452.1 crore for the corresponding interval a yr in the past.
The FMCG main—whose common manufacturers embrace Cinthol, HIT, Good Knight and Ezee—registered income of Rs 3,385.6 crore for the March quarter, up 5.8 per cent on a year-on-year foundation pushed by greater demand for its house and private care merchandise, based on a regulatory submitting.
In keeping with Zee Enterprise analysis, Godrej Client Merchandise’ was estimated to log a consolidated web revenue of Rs 514 crore and income of Rs 3,348 crore for the fourth and closing quarter of the monetary yr 2023-24.
Rising family incomes and evolving existence have fuelled the expansion of shopper items makers like Godrej Client Merchandise, at a time when different corporations have reported combined outcomes.
Godrej Client Merchandise’ India enterprise quantity expanded 15 per cent.
Godrej Client Merchandise dividend
The FMCG big introduced a dividend of Rs 10 per share.
Godrej Client Merchandise shares
Godrej Client Merchandise shares ended virtually unchanged for the day at Rs 1,250.8 apiece on BSE earlier than the earnings announcement.
With inputs from Reuters
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