Godrej Consumer Products Q4 Results: Revenue increased by about 6% but, net loss was Rs 1,893 crore.

Q4 Results for Godrej Consumer Products: In contrast to projections of a consolidated net profit, Mumbai-based Godrej Consumer Products (GODREJCP), which owns the well-known brands Cinthol, HIT, Good Knight, and Ezee, revealed a consolidated net loss of Rs 1,893.2 crore for the January–March period.

godrej consumer products

Q4 Results for Godrej Consumer Products:

In contrast to a consolidated net profit of Rs 452.1 crore for the same period last year, Mumbai-based Godrej Consumer Products (GODREJCP) reported a consolidated net loss of Rs 1,893.2 crore for the January-March period on Monday. This was due to a one-time charge of Rs 2,376 crore on account of restructuring costs.

FMCG Company

The large FMCG company reported revenue. Notable brands include Cinthol, HIT, Good Knight, and Ezee. a regulatory filing states that the company’s revenue for the March quarter was Rs 3,385.6 crore, up 5.8% year over year due to increased demand for its personal and household care products.
For the fourth and final quarter of the fiscal year 2023–2024, Godrej Consumer Products was predicted by Zee Business Research to record revenue of Rs 3,348 crore and a consolidated net profit of Rs 514 crore.
While other companies have reported mixed results, the expansion of consumer goods manufacturers like Godrej Consumer Products has been fueled by rising household incomes and changing lifestyles.
The business volume of Godrej Consumer Products in India increased by 15%.

Dividends for Godrej Consumer Products

The massive FMCG company declared a Rs 10 dividend per share.

Godrej Consumer Goods exchanges

Prior to the earnings release, Godrej Consumer Products shares closed the day nearly unchanged at Rs 1,250.8 per share on the BSE.

other q4 result:

1. https://stock24news.com/iocl-q4-preview-profit-after-tax-and-revenue-will-probably-decline-but-ebitda-will-increase/