Godrej Consumer Products

GCPL reports decline in December quarter on weak urban demand, lower profits on higher prices

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Demand conditions in India have witnessed temporary headwinds over the past few months, led by a slowdown in urban consumption, says Sudhir Sitapati, the managing director and chief executive officer of Godrej Consumer Products Ltd. (Mint)

2025-01-24 20:37:00 : Mumbai-based Godrej Consumer Products Ltd (GCPL) on Friday reported a 28% fall in standalone December quarter profit due to what it termed “temporary headwinds” due to weak demand for Urban and palm oil in the quarter. Oil prices rise. Profit for the period ₹341.54 Crore ₹472.58 Crores reported. Operating December quarter revenue … Read more