Business

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

.Sale of items dropped 3 percent to Rs 3,311 cr.1 minutes reviewed Final Updated: Aug 07 2024|4:57 PM IST.India's Godrej Customer Products disclosed a smaller-than-expected increase in first-quarter profit on Wednesday, as its household insecticides viewed smooth demand.The Cinthol detergent producer stated a consolidated web earnings of Rs 451 cr ($ 54 million) for the fourth finished June 30, up coming from Rs 319 cr a year previously.Professionals had on standard anticipated an income of 4.92 billion rupees, as per LSEG records.Purchase of items dropped 3 per-cent to Rs 3,311 cr.The provider introduced its admittance into the pet treatment company, in which it is going to invest 5 billion rupees over 5 years.Top quality durable goods makers have lessened rates to take on smaller opponents that provide less costly options, which has adversely influenced top-line growth.However, they are reaping the benefits from a recuperation popular in backwoods.Competing Saffola oil producer Marico stated a somewhat bigger-than-expected increase in first-quarter earnings, while Dabur India mentioned a first-quarter revenue in line with assumptions.( Simply the headline as well as image of this report may possess been actually revamped by the Company Specification workers the remainder of the information is auto-generated from a syndicated feed.) Very First Released: Aug 07 2024|4:57 PM IST.