Business

Godrej Consumer Products Q1FY25 results: Net income increases 41% to Rs 451 cr Firm Results

.Purchase of items fell 3 percent to Rs 3,311 cr.1 minutes read Final Updated: Aug 07 2024|4:57 PM IST.India's Godrej Buyer Products reported a smaller-than-expected growth in first-quarter earnings on Wednesday, as its own house pesticides found soft need.The Cinthol detergent maker reported a combined web revenue of Rs 451 cr ($ 54 thousand) for the quarter finished June 30, up from Rs 319 cr a year previously.Professionals carried average anticipated an earnings of 4.92 billion rupees, according to LSEG data.Purchase of products dropped 3 per cent to Rs 3,311 cr.The business announced its entry in to the pet dog care company, through which it will put in 5 billion rupees over 5 years.Branded consumer goods makers have actually lowered rates to take on smaller competitors that offer less expensive options, which has negatively affected top-line development.Having said that, they are profiting coming from a rehabilitation popular in backwoods.Competing Saffola oil producer Marico reported a slightly bigger-than-expected increase in first-quarter profit, while Dabur India disclosed a first-quarter income in line with expectations.( Simply the heading and also picture of this file might possess been remodelled due to the Service Specification personnel the remainder of the information is auto-generated coming from a syndicated feed.) 1st Published: Aug 07 2024|4:57 PM IST.