Business

Godrej Buyer Products Q1FY25 leads: Internet revenue climbs 41% to Rs 451 cr Company Results

.Sale of products dropped 3 per cent to Rs 3,311 cr.1 minutes reviewed Last Updated: Aug 07 2024|4:57 PM IST.India's Godrej Buyer Products disclosed a smaller-than-expected rise in first-quarter earnings on Wednesday, as its own house insecticides viewed smooth need.The Cinthol cleansing soap manufacturer mentioned a combined internet profit of Rs 451 cr ($ 54 thousand) for the quarter finished June 30, up from Rs 319 cr a year earlier.Experts had on standard expected a profit of 4.92 billion rupees, based on LSEG data.Sale of products fell 3 per cent to Rs 3,311 cr.The business declared its entry into the family pet care company, in which it will invest 5 billion rupees over 5 years.Top quality consumer goods manufacturers have reduced prices to compete with much smaller competitors that provide much cheaper substitutes, which has negatively affected top-line development.Nevertheless, they are actually profiting from a healing in demand in rural areas.Rivalrous Saffola oil producer Marico reported a slightly bigger-than-expected rise in first-quarter profit, while Dabur India mentioned a first-quarter revenue in line with requirements.( Only the heading and image of this file might possess been actually modified by the Service Requirement team the rest of the web content is auto-generated from a syndicated feed.) Initial Released: Aug 07 2024|4:57 PM IST.

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