FMCGPre-market
Godrej Consumer Products reports mixed Q2 results and acquisition
pre-market1 source ↓written by the desknot a recommendation
- to ₹3
- 4% revenue growth
- driven
- 3% volume growth
- to ₹733 crore
- 3%
Godrej Consumer Products Limited reported 4% revenue growth to ₹3,802.46 crore for Q2, driven by 3% volume growth. However, net profit fell 7% to ₹459 crore, with EBITDA declining 3% to ₹733 crore, reflecting ongoing market challenges.
The acquisition of the Muuchstac brand aims to strengthen its position in the male grooming segment, potentially enhancing future growth prospects.
Not investment advice. For informational purposes only.