GCPL eyes addl sales of Rs 2Kcr in 4yrs post GHPL merger
FMCG player Godrej Consumer Products is expecting to generate an additional revenue of up to Rs 2,000 crore in the next three to four years following the integration of Godrej Household Products with itself, reports The Economic Times.
FMCG player Godrej Consumer Products is expecting to generate an additional revenue of up to Rs 2,000 crore in the next three to four years following the integration of Godrej Household Products with itself, reports The Economic Times.
The firm, which had undertaken an exercise under Project Neo for the integration of Godrej Household Products (GHPL), had formed a 100-member team to work on key initiatives with a view to reap benefits by 2011 to 2015, the report says."We are looking at Rs 1,500 crore to Rs 2,000 crore in terms of top line revenue growth in the next 3-4 years because of this merger and on the costs (synergy) side about Rs 200- Rs 250 crore by FY'2015," GCPL Managing Director A Mahendran said at an analyst meet, the report adds.Source: The Economic Times. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!