Business

Godrej Customer Products Q1FY25 results: Internet revenue climbs 41% to Rs 451 cr Company End results

.Sale of products fell 3 per-cent to Rs 3,311 cr.1 minutes read Final Improved: Aug 07 2024|4:57 PM IST.India's Godrej Customer Products mentioned a smaller-than-expected increase in first-quarter profit on Wednesday, as its own household pesticides found smooth requirement.The Cinthol detergent producer reported a combined net income of Rs 451 cr ($ 54 million) for the one-fourth ended June 30, up coming from Rs 319 cr a year previously.Professionals carried standard expected an earnings of 4.92 billion rupees, as per LSEG records.Purchase of items fell 3 percent to Rs 3,311 cr.The firm introduced its own access into the family pet treatment business, in which it is going to commit 5 billion rupees over 5 years.Branded durable goods manufacturers have decreased rates to take on much smaller opponents that use less costly choices, which has adversely affected top-line development.Nonetheless, they are actually profiting from a rehabilitation in demand in rural areas.Competing Saffola oil manufacturer Marico mentioned a slightly bigger-than-expected boost in first-quarter revenue, while Dabur India mentioned a first-quarter profit in line with desires.( Only the heading and also photo of this report may possess been modified by the Organization Specification team the remainder of the web content is auto-generated coming from a syndicated feed.) First Posted: Aug 07 2024|4:57 PM IST.