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Godrej Consumer Products’ India organic business witnesses strong underlying volume growth in Q4

08 Apr 2024 Evaluate

Godrej Consumer Products’ India organic business witnessed strong underlying volume growth (Q4FY24) at high-single digit with growth being broad-based across both Home Care and Personal Care. While demand in Household Insecticides has been subdued due to an extended winter in the North and East, its GoodKnight Agarbatti launch was well received by consumers. Park Avenue and KamaSutra brands delivered in-line with category seasonality. Reported underlying volume growth continue to be in double-digit.
Its Indonesia business continues to consistently deliver strong performance with double digit volume growth and sales growth. The GAUM (Godrej Africa, USA, and Middle East) organic business delivered high single digit volume growth along with double-digit constant currency sales growth. However, due to Naira devaluation in January, sales in INR terms will see double-digit decline.

At a consolidated level (organic), the company expects to deliver underlying volume growth of high single digit and sales growth of mid-single digit driven largely by currency volatility. EBITDA (including forex) margin continues to expand year-on-year despite increased media investments. Reported underlying volume growth is expected to be in double-digit.

Godrej Consumer Products is a leading emerging markets company.

Godrej Consumer Prod Share Price

1108.20 27.10 (2.51%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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