Business

Godrej Customer Products Q1FY25 results: Web revenue climbs 41% to Rs 451 cr Firm End results

.Sale of products fell 3 per cent to Rs 3,311 cr.1 min read through Last Improved: Aug 07 2024|4:57 PM IST.India's Godrej Individual Products reported a smaller-than-expected increase in first-quarter profit on Wednesday, as its own family pesticides saw soft demand.The Cinthol detergent producer reported a consolidated internet revenue of Rs 451 cr ($ 54 thousand) for the one-fourth ended June 30, up coming from Rs 319 cr a year earlier.Analysts had on average anticipated an earnings of 4.92 billion rupees, according to LSEG information.Purchase of items dropped 3 per cent to Rs 3,311 cr.The business revealed its own access right into the animal treatment service, in which it is going to commit 5 billion rupees over 5 years.Branded durable goods producers have actually minimized rates to compete with smaller sized competitors that use more affordable options, which has adversely impacted top-line growth.Having said that, they are actually reaping the benefits from a healing sought after in rural areas.Rival Saffola oil manufacturer Marico mentioned a slightly bigger-than-expected boost in first-quarter profit, while Dabur India mentioned a first-quarter profit in line with expectations.( Only the headline and also photo of this document might have been modified by the Company Criterion workers the remainder of the information is auto-generated coming from a syndicated feed.) Initial Released: Aug 07 2024|4:57 PM IST.