NE BUSINESS BUREAU
CHENNAI, MAY 12
FMGC major Godrej Consumer Products Limited (GCPL) reported a consolidated net profit of ₹412 crore in the March quarter, reversing a loss of ₹1,893.2 crore in the same period last year, largely due to a steep fall in exceptional losses to ₹31.4 crore from ₹2,375.6 crore a year ago.
- Revenue up 6.3% year-on-year to ₹3,598 crore
- Ebitda up 0.5% to ₹759.4 crore
- The board declares an interim dividend of ₹5 per share for FY26
Revenue grew 6.3% year-on-year to ₹3,598 crore, supported by 6% organic volume growth.
Operating performance remained stable with EBITDA inching up 0.5% to ₹759.4 crore, though the EBITDA margin declined to 21.1% from 22.3% a year ago due to inflationary pressure on inputs like palm oil.
The board declared an interim dividend of ₹5 per share for FY26. The record date is set as May 13, 2025, and the dividend will be paid on or before June 5, 2025.
Commenting on the performance, Managing Director and CEO Sudhir Sitapati said, “We delivered a sequentially improving performance despite unchanged market conditions. Volume growth was led by strong showings in Household Insecticides, Air Fresheners, and Laundry Liquids.” India volumes rose 4%, while Indonesia volumes were up 5%, contributing to full-year consolidated volume growth of 4%.
However, he cautioned that urban demand remains under pressure and the sharp rise in palm oil prices—up over 50%—has weighed on margins. The company noted robust growth in the non-soaps portfolio, though soaps faced some volume impact due to pricing adjustments.
“I am bullish about consumer demand over the next 12-18 months. Food price inflation has come down in the January-March quarter. We will see the benefit of income tax reduction announced in the budget, plus a lot of the welfare schemes that the government has implemented last year. There is also the Pay Commission benefits. We have seen that every time in the past, there is a Pay Commission benefit, FMCG sector does well,” added Sudhir Sitapati.
The company has planned a capital expenditure of around ₹700 crore for over the next 18-24 months, towards expansion of new lines in its Indian factories and to commission a new factory in Indonesia, Sitapati said
