Business

Godrej Buyer Products Q1FY25 results: Internet profit rises 41% to Rs 451 cr Business Results

.Sale of items fell 3 per cent to Rs 3,311 cr.1 min reviewed Last Improved: Aug 07 2024|4:57 PM IST.India's Godrej Customer Products reported a smaller-than-expected rise in first-quarter profit on Wednesday, as its home pesticides saw soft demand.The Cinthol soap producer stated a consolidated internet profit of Rs 451 cr ($ 54 thousand) for the fourth finished June 30, up from Rs 319 cr a year previously.Analysts had on standard expected a profit of 4.92 billion rupees, as per LSEG records.Sale of products dropped 3 percent to Rs 3,311 cr.The firm introduced its own access right into the pet care company, through which it will spend 5 billion rupees over 5 years.Top quality durable goods manufacturers have reduced costs to take on smaller competitors that supply less costly substitutes, which has actually adversely impacted top-line development.However, they are actually profiting coming from a recuperation popular in rural areas.Rivalrous Saffola oil producer Marico stated a somewhat bigger-than-expected boost in first-quarter revenue, while Dabur India stated a first-quarter profit according to requirements.( Simply the headline as well as photo of this record might have been actually reworked due to the Organization Specification team the rest of the web content is actually auto-generated from a syndicated feed.) Initial Published: Aug 07 2024|4:57 PM IST.