Business

Godrej Buyer Products Q1FY25 results: Web earnings increases 41% to Rs 451 cr Company End results

.Sale of products fell 3 per-cent to Rs 3,311 cr.1 min reviewed Last Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Individual Products stated a smaller-than-expected growth in first-quarter earnings on Wednesday, as its household insecticides observed soft requirement.The Cinthol cleansing soap manufacturer disclosed a consolidated net income of Rs 451 cr ($ 54 million) for the quarter ended June 30, up from Rs 319 cr a year earlier.Professionals carried average anticipated an earnings of 4.92 billion rupees, as per LSEG data.Purchase of products fell 3 per cent to Rs 3,311 cr.The firm announced its access right into the dog treatment service, through which it will certainly invest 5 billion rupees over 5 years.Top quality durable goods manufacturers have actually minimized rates to compete with smaller sized opponents that provide much cheaper choices, which has actually negatively affected top-line development.Nevertheless, they are reaping the benefits from a recuperation popular in rural areas.Competing Saffola oil manufacturer Marico mentioned a slightly bigger-than-expected increase in first-quarter profit, while Dabur India reported a first-quarter revenue in line with desires.( Only the headline and photo of this file may possess been revamped by the Organization Requirement staff the rest of the content is actually auto-generated from a syndicated feed.) 1st Posted: Aug 07 2024|4:57 PM IST.