Godrej Consumer Products Limited (GCPL) on Thursday declared its second quarter result (Q2) of fiscal year 2025.
The FMCG firm’s Q2 FY 2025 consolidated net profit grew by 12% year-on-year. Godrej Consumer posted a profit of Rs 491 crore in Q1 FY25 compared to Rs 432.77 crore in the corresponding quarter last year. The advertisement remained flat in the current quarter.
As per the stock exchange filing, Godrej Consumer spent Rs 363.95 crore on advertisement between July and September quarter of FY2025.
The maker of brands like Cinthol, Good Knight, and Ezee said that the Q2 FY 2025 consolidated EBITDA grew by 8 percent year-on-year. The sales and volume grew by 7 percent in the current quarter.
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“GCPL has had a steady quarter given the headwinds of oil costs and tough consumer demand in India. Our Standalone business grew by 7% in both volume and value and flat-reported EBITDA. Our standalone EBITDA margin at 24.3% is at the lower end of our targeted band and is caused entirely by high inflation on palm oil. The already high prices were further exacerbated by the import duty on oil. We think this is a short-term hit and we will recover the margins through judicious price increase and stabilising of costs,” Sudhir Sitapati, Managing Director and CEO, GCPL said.
Among the categories, the Home Care grew by 12 percent in Q2. According to the company, “Household Insecticides volume grew in mid-single digit. Fabric Care delivered strong double-digit volume growth. Genteel and Godrej Fab continue to perform very well and gain market share”.
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In the Indonesian market, the sales grew by 11 percent in constant currency terms and 9 percent in Rupee terms.
However, Africa, USA, and Middle East (organic) sales declined by 10 percent year-on-year.