Business

Godrej Buyer Products Q1FY25 results: Web income climbs 41% to Rs 451 cr Business End results

.Purchase of items fell 3 per-cent to Rs 3,311 cr.1 min read Last Updated: Aug 07 2024|4:57 PM IST.India's Godrej Customer Products stated a smaller-than-expected rise in first-quarter profit on Wednesday, as its house insecticides found smooth demand.The Cinthol detergent maker stated a combined net profit of Rs 451 cr ($ 54 million) for the fourth ended June 30, up from Rs 319 cr a year previously.Analysts had on standard assumed an income of 4.92 billion rupees, according to LSEG records.Purchase of items fell 3 per-cent to Rs 3,311 cr.The business announced its own access in to the pet dog care organization, in which it is going to commit 5 billion rupees over 5 years.Branded durable goods makers have actually reduced costs to take on smaller sized opponents that use less expensive alternatives, which has actually detrimentally impacted top-line development.Nevertheless, they are reaping the benefits coming from a recuperation popular in backwoods.Rival Saffola oil maker Marico stated a somewhat bigger-than-expected rise in first-quarter revenue, while Dabur India disclosed a first-quarter profit in line with requirements.( Only the headline and also photo of this file may have been actually modified due to the Company Specification team the remainder of the material is auto-generated from a syndicated feed.) Initial Released: Aug 07 2024|4:57 PM IST.