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GCPL invests over Rs 1,000 crore on advertising in FY24

22 Jul 2024 Evaluate

Godrej Consumer Products’ advertising investment in the domestic market shot up by 47 per cent to Rs 1,011 crore in FY24 as against Rs 687.34 crore a year before, even as it has reduced stock-keeping units (SKUs) by around 30 per cent through a rationalisation process. The company, which aims for double-digit volume growth, is spending more on brands, automation and SKU rationalisation with a keen focus on simplification. In line with the company’s strategy of category development, it has made significant investments in advertising. It was the fifth largest advertiser in India in 2023, from being number 17 in 2021. 

Godrej Consumer Products (GCPL) 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
Hindustan Unilever 2241.10
Godrej Consumer Prod 1108.20
Dabur India 442.10
Colgate Palmol. (I) 2106.20
P&G Hygiene 10006.55
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