Godrej Consumer Products Q4 Results: Net loss at Rs 1,893 crore, revenue up almost 6%

Godrej Consumer Products Q4 Results: Mumbai-headquartered Godrej Consumer Products (GODREJCP) on Monday reported a consolidated net loss of Rs 1,893.2 crore for the January-March period owing to a one-time charge of Rs 2,376 crore on account of restructuring costs, as against a consolidated net profit of Rs 452.1 crore for the corresponding period a year ago. 

The FMCG major—whose popular brands include Cinthol, HIT, Good Knight and Ezee—registered revenue of Rs 3,385.6 crore for the March quarter, up 5.8 per cent on a year-on-year basis driven by higher demand for its home and personal care products, according to a regulatory filing. 

According to Zee Business research, Godrej Consumer Products' was estimated to log a consolidated net profit of Rs 514 crore and revenue of Rs 3,348 crore for the fourth and final quarter of the financial year 2023-24.

Rising household incomes and evolving lifestyles have fuelled the growth of consumer goods makers like Godrej Consumer Products, at a time when other companies have reported mixed results.

Godrej Consumer Products' India business volume expanded 15 per cent.

Godrej Consumer Products dividend

The FMCG giant announced a dividend of Rs 10 per share.

Godrej Consumer Products shares

Godrej Consumer Products shares ended almost unchanged for the day at Rs 1,250.8 apiece on BSE before the earnings announcement. 

With inputs from Reuters

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