Business

Godrej Individual Products Q1FY25 results: Internet profit climbs 41% to Rs 451 cr Provider Results

.Purchase of products dropped 3 per-cent to Rs 3,311 cr.1 minutes read Final Upgraded: Aug 07 2024|4:57 PM IST.India's Godrej Individual Products disclosed a smaller-than-expected growth in first-quarter profit on Wednesday, as its own house pesticides observed smooth demand.The Cinthol detergent maker reported a consolidated internet revenue of Rs 451 cr ($ 54 million) for the quarter ended June 30, up coming from Rs 319 cr a year previously.Experts carried standard expected a revenue of 4.92 billion rupees, according to LSEG information.Purchase of products fell 3 per cent to Rs 3,311 cr.The provider declared its access into the household pet treatment company, through which it will certainly invest 5 billion rupees over 5 years.Top quality durable goods producers have actually decreased prices to compete with smaller rivals that supply much cheaper choices, which has negatively influenced top-line development.Nevertheless, they are reaping the benefits coming from a recovery sought after in backwoods.Rivalrous Saffola oil maker Marico disclosed a slightly bigger-than-expected increase in first-quarter income, while Dabur India stated a first-quarter earnings in accordance with desires.( Just the title and also photo of this record may have been revamped due to the Company Specification workers the remainder of the material is auto-generated from a syndicated feed.) 1st Published: Aug 07 2024|4:57 PM IST.

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