BAJAJ BROKING
Godrej Consumer Products sees varied growth across markets in Q1 FY25. The domestic market shows high-single-digit volume and mid-single-digit value growth, while international markets face currency impacts. .
Godrej Consumer Products noted a soft domestic market for the quarter, with high-single-digit organic volume growth and mid-single-digit value growth. Despite the subdued market, the overall volume growth was in double digits, while value growth was in high single digits.
The company's consolidated level (organic) showed flattish INR sales, double-digit constant currency sales growth, and double-digit EBITDA (reported) growth.
Both segments experienced broad-based growth. However, the demand for Household Insecticides was initially weak due to extreme heat waves across the country.
Despite this, the performance of brands like Park Avenue and KamaSutra improved significantly following portfolio simplification actions, aligning with the company's full-year growth goals.
Explore: Godrej Consumer Products Share Price
The GAUM segment faced challenges, with an expected double-digit volume decline, primarily in West Africa. This decline was attributed to a high base in Q1 FY24 due to the appointment of a National Distributor, which provided a one-time sell-in benefit, and difficult pricing decisions in Nigeria.
Additionally, supply disruptions in South Africa due to a shipping crisis further impacted performance. The currency situation in Nigeria continued to adversely affect INR sales performance. Despite these challenges, EBITDA (reported) in INR terms grew in strong double digits.
Godrej Consumer Products' performance in Q1 FY24 was mixed. While the domestic market saw moderate growth, international markets like Indonesia performed well, albeit with currency-related challenges. The GAUM region faced significant headwinds but still managed to grow EBITDA strongly in INR terms.
Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.
This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.
For All Disclaimers Click Here: https://bit.ly/3Tcsfuc
Share this article:
Standard Deviation: Meaning, How To Use and Calculate
14 Dec, 2024 | 5 Min. read
Business Forecasting: Definition, Methods, and Models
14 Dec, 2024 | 8 Min. read
Modern Portfolio Theory (MPT): Definition, Types & How To Use
14 Dec, 2024 | 8 Min. read
ASM & GSM Meaning - List of ASM & GSM Stocks
14 Dec, 2024 | 7 Min. read
What Is Nifty BeES? A Guide to Its Benefits and Working
14 Dec, 2024 | 6 Min. read
Nifty Healthcare Index
14 Dec, 2024 | 1 Min. read
Hedging: Meaning, Types, Risks and Strategie
14 Dec, 2024 | 6 Min. read
Bollinger Bands: Meaning, How To Interpret and Use
14 Dec, 2024 | 7 Min. read
Moving Averages Indicator: Variations & Examples
13 Dec, 2024 | 4 Min. read
Learn Everything About Breakout Trading
13 Dec, 2024 | 9 Min. read
Gold Price in India | Gold Drops 1% After Reaching Five-Week High
13 Dec, 2024 | 39 Min. read
Statement of Account and Demat Account: Meaning & Differences
13 Dec, 2024 | 4 Min. read
RBI Launches ULI: Transforming Loan Access
August 27, 2024 | 4 Min. read
Textile Sector in India
September 20, 2024 | 5 Min. read
List of IPOs with DRHPs Filed
November 30, 2023 | 3 Min. read
Aditya Birla Group
September 28, 2023 | 10 Min. read
Bajaj Housing Finance Ltd IPO: Things Smart Investors Need to Know
September 05, 2024 | 4 Min. read
Budget Stock Ideas 2024-2025 | Stocks to Buy Today
July 24, 2024 | 4 Min. read
IPO Eligibility Criteria : Full Details
March 15, 2024 | 6 Min. read
What Is the Lock-In Period in IPOs?
October 18, 2023 | 6 Min. read
Godfrey Phillips Announces 2:1 Bonus Shares
September 16, 2024 | 7 Min. read
Jindal Group- A Comprehensive Analysis
September 27, 2024 | 7 Min. read
Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading