Business

Godrej Consumer Products Q1FY25 results: Internet revenue climbs 41% to Rs 451 cr Provider End results

.Purchase of products dropped 3 percent to Rs 3,311 cr.1 minutes went through Last Updated: Aug 07 2024|4:57 PM IST.India's Godrej Buyer Products stated a smaller-than-expected growth in first-quarter income on Wednesday, as its own family pesticides viewed soft requirement.The Cinthol cleansing soap creator reported a combined net revenue of Rs 451 cr ($ 54 million) for the quarter finished June 30, up coming from Rs 319 cr a year earlier.Experts carried average anticipated a revenue of 4.92 billion rupees, as per LSEG information.Purchase of items fell 3 per-cent to Rs 3,311 cr.The company declared its own admittance in to the household pet care business, in which it will definitely spend 5 billion rupees over 5 years.Branded consumer goods creators have lowered prices to take on smaller competitors that offer cheaper choices, which has actually negatively impacted top-line growth.Having said that, they are profiting from a recovery popular in rural areas.Rival Saffola oil creator Marico disclosed a slightly bigger-than-expected increase in first-quarter income, while Dabur India stated a first-quarter profit in line with assumptions.( Only the heading and photo of this document may have been actually revamped by the Service Specification staff the remainder of the content is actually auto-generated coming from a syndicated feed.) First Posted: Aug 07 2024|4:57 PM IST.