Business

Godrej Individual Products Q1FY25 leads: Net profit increases 41% to Rs 451 cr Provider Outcomes

.Sale of products fell 3 per cent to Rs 3,311 cr.1 minutes checked out Last Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Consumer Products mentioned a smaller-than-expected surge in first-quarter income on Wednesday, as its own household insecticides found smooth demand.The Cinthol cleansing soap manufacturer stated a combined net profit of Rs 451 cr ($ 54 thousand) for the one-fourth ended June 30, up from Rs 319 cr a year previously.Experts had on standard anticipated a profit of 4.92 billion rupees, according to LSEG information.Sale of products dropped 3 per-cent to Rs 3,311 cr.The firm revealed its access right into the pet dog treatment service, in which it is going to invest 5 billion rupees over 5 years.Well-known durable goods makers have actually decreased prices to take on smaller sized competitors that supply much cheaper choices, which has actually negatively affected top-line growth.However, they are reaping the benefits from a recuperation in demand in rural areas.Competing Saffola oil creator Marico disclosed a slightly bigger-than-expected boost in first-quarter income, while Dabur India mentioned a first-quarter earnings according to requirements.( Only the headline and also image of this record may have been remodelled due to the Organization Requirement personnel the remainder of the content is actually auto-generated from a syndicated feed.) Very First Published: Aug 07 2024|4:57 PM IST.