GCPL June quarter profit misses estimate

Hit by Input Costs

- VIVEAT SUSAN PINTO

GODREJ CONSUMER PRODUCTS (GCPL) on Thursday reported flat growth in June-quarter profit, amid higher raw material costs, notably palm oil, and challenges in the Indonesian business.

Revenue growth was robust driven by rural and urban markets in the India business. GCPL derives roughly 65-70% of its business from India; the rest comes from international markets.

India operations includes household insecticides, soaps, hair colorants, air fresheners, and liquid detergents.

"We see FMCG consumption improving in FY26 versus FY25 on the back of favourable macro-economic fundamentals and a good monsoon season in India," Aasif Malbari, global CFO and president for Middle East, Africa and International Markets, GCPL, said.