Business

Godrej Buyer Products Q1FY25 leads: Net profit climbs 41% to Rs 451 cr Business End results

.Purchase of items dropped 3 percent to Rs 3,311 cr.1 minutes read through Final Improved: Aug 07 2024|4:57 PM IST.India's Godrej Individual Products reported a smaller-than-expected surge in first-quarter revenue on Wednesday, as its own house pesticides saw smooth demand.The Cinthol cleansing soap manufacturer mentioned a combined internet profit of Rs 451 cr ($ 54 million) for the quarter ended June 30, up coming from Rs 319 cr a year previously.Analysts carried average anticipated an earnings of 4.92 billion rupees, according to LSEG data.Sale of items dropped 3 per-cent to Rs 3,311 cr.The company declared its entry right into the pet dog care service, through which it will definitely invest 5 billion rupees over 5 years.Well-known consumer goods creators have lessened costs to take on much smaller rivals that provide less costly substitutes, which has adversely impacted top-line development.Having said that, they are reaping the benefits coming from a recuperation sought after in rural areas.Rivalrous Saffola oil manufacturer Marico reported a somewhat bigger-than-expected increase in first-quarter revenue, while Dabur India mentioned a first-quarter profit in accordance with requirements.( Merely the heading and also picture of this report may have been modified by the Business Standard team the remainder of the material is auto-generated coming from a syndicated feed.) First Published: Aug 07 2024|4:57 PM IST.

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