GCPL Q3 net profit fell 14.24 PC to ₹ 498.31 CR

New Delhi, on January 24 (PTI) Godrej Consumer Products LTD reported on Friday that the after -tax profit after tax fell by 14.24 %. BleakAs of the third quarter of December 2024, 498.31 million rupees were affected by the demand of India and the surge in palm oil prices.

The company has released post -tax profits (PAT) BleakGodrej Consumer Products LTD (GCPL) said in the same quarter in the same quarter, in regulatory documents.

During the review, the total operating income of the quarter was merged Bleak3,768.43 million BleakIt added that the year was 3,659.64 million.

The total expenditure in the third quarter is higher Bleak3,164.09 million and BleakThe company said that the same period a year ago was 293.939 billion US dollars.

Sudhir Sitapati, the general managing director and CEO of GCPL, said: “In the past few months, India’s demand has witnessed the temporary backwind under the leadership of the slowdown in urban consumption.”

He said that the price of palm oil rose more than 40 %, and the seasonality of family pesticides was weak, which led to the growth of basic sales and middle bit in sales growth of independent business.

Sitapati said: “The surge in palm oil costs has a negative impact on our EBITDA profit margin.”

The company said that in the third quarter, India’s sales increased by 4 %, and sales were flat, and added that EBITDA fell 21 %.

Sitapati said: “Due to the slowdown of the city and the seasonality of the category, the advanced format of family pesticides has been affected, but we have begun to get market share in the market share of the advanced format.”

On the other hand, Indonesia’s sales increased by 8 % in a constant currency method, while the number increased by 6 %. The sales of Africa, the United States and the Middle East (organic) increased by 1 % in a constant currency method.

GCPL said its board of directors has announced Bleak2024-25 The stock stock of the fiscal year is 5 shares of stocks with a value of 1 shares.

SitaPati said in the future of comments: “We are still focusing on promoting sales -dominated growth, investment in the brand’s health, and investment in profitability. We continue to have a strong balance sheet.

“We are expected to deploy in our journey in the journey to reduce waste costs to promote the profit and sustainable growth of the entire investment portfolio through category development.”